Notice 2026-49, issued on Aug. 12, 2026, proposes a simpler, more streamlined process for moving retirement savings between retirement plans and IRAs, including plan-to-plan rollovers and plan-to-IRA/IRA-to-plan rollovers. The proposal does not apply to IRA-to-IRA rollovers. Using four optional sample forms and a five-step process, the proposal encourages financial institutions to work directly with each other, securely share information, and use electronic transfers when possible.
Key takeaways
Notice 2026-49 applies to rollovers between retirement plans and IRAs.
The proposed procedures