Yes you can deposit your rollover funds into a Traditional IRA with Third Federal. We will accept the direct rollover under Internal Revenue Code, section 402.
Third Federal Savings will rely on the representation of the employer or plan administrator and the customer to ensure the funds are eligible for rollover.
We will report the direct rollover to the Internal Revenue Service and the customer on form 5498.
To open the Traditional IRA, please contact one of our Customer Care Representatives by callingĀ
1-888-844-7333 or stop into the closet branch and ask for an IRA specialist.