Minnesota Statutes Retirement (Ch. 352-356B) § 356.633. Direct rollovers

(1) a participant in a covered retirement plan listed insection 356.611, subdivision 6;

(2) the surviving spouse of a participant;

(3) the former spouse of the participant who is the alternate payee under a qualified domestic relations order as defined insection 414(p) of the Internal Revenue Code, or who is a recipient of a court-ordered equitable distribution of marital property, as provided insection 518.58; or

(4) a nonspousal beneficiary of a participant who qualifies for a distribution under the plan and is a designated beneficiary as defined insection 401(a)(9)(E) of the Internal Revenue Code.

(1) an individual retirement account undersection 408(a)or408A of the Internal Revenue Code;

(2) an individual retirement annuity plan undersection 408(b) of the Internal Revenue Code;

(3) an annuity plan undersection 403(a) of the Internal Revenue Code;

(4) a qualified trust plan undersection 401(a) of the Internal Revenue Codethat accepts the distributee's eligible rollover distribution;

(5) an annuity contract undersection 403(b) of the Internal Revenue Code;

(6) an eligible deferred compensation plan undersection 457(b) of the Internal Revenue Code, which is maintained by a state or local government and which agrees to separately account for the amounts transferred into the plan;

(7) in the case of an eligible rollover distribution to a nonspousal beneficiary, an individual account or annuity treated as an inherited individual retirement account undersection 402(c)(11) of the Internal Revenue Code; or

(8) a savings incentive match plan for employees of small employers (SIMPLE) individual retirement account undersection 408(p) of the Internal Revenue Code, provided that the rollover distribution is made after the two-year period beginning on the date the distributee first participated in any qualified salary reduction arrangement maintained by the distributee's employer undersection 408(p)(2) of the Internal Revenue Code, as described insection 72(t)(6) of the Internal Revenue Code.

(1) a distribution that is one of a series of substantially equal periodic payments, receivable annually or more frequently, that is made for the life or life expectancy of the distributee, the joint lives or joint life expectancies of the distributee and the distributee's designated beneficiary, or for a specified period of ten years or more;

(2) a distribution that is required undersection 401(a)(9) of the Internal Revenue Code; or

(3) any other exception required by law or the Internal Revenue Code.