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Aug 6 2008, 04:27 PM
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#1
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Registered User Group: Registered Posts: 341 Joined: 3-February 03 Member No.: 11,118 |
is it an option?
I know you can roll a roth 401(k) or 401(k) after paying taxes into a roth ira, but is the reverse true as well? |
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Aug 6 2008, 04:55 PM
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#2
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Registered User Group: Registered Posts: 893 Joined: 17-May 05 Member No.: 14,641 |
is it an option? I know you can roll a roth 401(k) or 401(k) after paying taxes into a roth ira, but is the reverse true as well? No, it's currently not provided for by the Code. Guess they didn't think "portability" thru on that one. See Pub 590 page 65, Rollover from a Roth IRA http://www.irs.gov/pub/irs-pdf/p590.pdf This post has been edited by masteff: Aug 6 2008, 04:59 PM -------------------- "He attacked everything in life with a mix of extraordinary genius and naive incompetence, and it was often difficult to tell which was which." - Douglas Adams (last updated: 10/12/09)
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Aug 7 2008, 04:27 PM
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#3
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Registered User Group: Registered Posts: 341 Joined: 3-February 03 Member No.: 11,118 |
is it an option? I know you can roll a roth 401(k) or 401(k) after paying taxes into a roth ira, but is the reverse true as well? No, it's currently not provided for by the Code. Guess they didn't think "portability" thru on that one. See Pub 590 page 65, Rollover from a Roth IRA http://www.irs.gov/pub/irs-pdf/p590.pdf THANKS masteff for the link. doesnt make a lot of sense, but at least they are clear on it. |
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Aug 8 2008, 11:04 AM
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#4
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Registered User Group: Registered Posts: 72 Joined: 15-January 06 Member No.: 15,620 |
Really wouldn't make any sense either , Lori , cause the Roth 401(k) is subject to required minium distributions ( RMD ) while the Roth IRA is not .
And your same basic question on another board : http://www.bogleheads.org/forum/viewtopic.php?t=21603 This post has been edited by allancoleman: Aug 8 2008, 11:19 AM |
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