Can a cash balance plan be rolled over into an IRA?

Assuming the plan is terminated, you can roll the funds over into an IRA. You can take money out of the plan in a full lump sum payment or, alternatively, take that lump sum and roll it into an IRA.

Because the funds in the cash balance plan have not been taxed, you may elect to deposit the funds into a traditional IRA. A traditional IRA is tax-deferred until retirement.