{"data":{"id":"us-ok/okla.-stat.-tit.-11-11-49-106.4","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 11, § 11-49-106.4","heading":"Trustee-to-trustee transfer - Rules","body":"A. An individual who has been designated, pursuant to Section\n\n401(a)(9)(E) of the Internal Revenue Code of 1986, as amended, as\n\nthe beneficiary of a deceased member and who is not the surviving\n\nspouse of the member, may elect, in accordance with Section\n\n402(c)(11) of the Internal Revenue Code of 1986, as amended, to have\n\na direct trustee-to-trustee transfer of any portion of such\n\nbeneficiary's distribution from the Oklahoma Firefighters Pension\n\nand Retirement System made only to an individual retirement account\n\nor individual retirement annuity (other than an endowment contract)\n\ndescribed in Section 408(a) or (b) of the Internal Revenue Code of\n\n1986, as amended (IRA)(including, effective for distributions after\n\nDecember 18, 2015, a SIMPLE IRA but only if such contribution occurs\n\nafter the two-year period described in Section 72(t)(6) of the\n\nInternal Revenue Code of 1986, as amended, and is made in accordance\n\nwith the Protecting Americans from Tax Hikes Act of 2015), or,\n\neffective for distributions after December 31, 2007, to a Roth\n\nindividual retirement account or annuity described in Section 408A\n\nof the Internal Revenue Code of 1986, as amended (Roth IRA), that is\n\nestablished on behalf of such designated individual for the purpose\n\nof receiving the distribution. If such transfer is made then:\n\n1. For distributions made after December 31, 2006, but prior to\n\nJuly 1, 2010, the transfer is treated as an eligible rollover\n\ndistribution for purposes of Section 402(c)(11) of the Internal\n\nRevenue Code of 1986, as amended. For plan years beginning after\n\nDecember 31, 2009, the transfer is treated as an eligible rollover\n\ndistribution;\n\n2. The transferee IRA is treated as an inherited individual\n\nretirement account or an inherited individual retirement annuity\n\n(within the meaning of Section 408(d)(3)(C) of the Internal Revenue\n\nCode of 1986, as amended) and must be titled in the name of the\n\ndeceased member, for the benefit of the beneficiary; and\n\n3. The required minimum distribution rules of Section\n\n401(a)(9)(B) (other than clause iv thereof) of the Internal Revenue\n\nCode of 1986, as amended, apply to the transferee IRA.\n\nB. A trust maintained for the benefit of one or more designated\n\nbeneficiaries shall be treated in the same manner as a designated\n\nbeneficiary.\n\nC. The Oklahoma Firefighters Pension and Retirement Board shall\n\npromulgate such rules as are necessary to implement the provisions\n\nof this section.","path":["OK Code","Title 11"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os11.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"23db2652a963aedcd0bafa41c3664d141a23e827f26bd87ed82e8dc63e28eb48","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-11-11-49-106.3","next":"us-ok/okla.-stat.-tit.-11-11-49-106.5"},"notice":"GroundRules: Original legal text. Not legal advice."}