When a Roth IRA accepts a rollover of non-Roth money from a 401(k) plan is there any special recordkeeping requirements (e.g., special source to house the non-Roth 401(k) plan rollover)?
Are there any special rules for the non-exclusion period? It is my understanding if designated Roth 401(k) contributions are directly rolled over to a Roth IRA that has not met the 5-year non-exclusion period, the non-exclusion periods is redetermined.
Example 1:
Roth IRA opened in 2003 (end of 5-year period is 12/31/2007)
Roth 401(k) rolled over to Roth IRA in 2008.
Roth IRA owner is age 59-1/2 or older, can take a qualified distribution anytime
Example 2:
Roth IRA opened in 2006 (end of 5-year period is 12/31/2010
Roth 401(k) rolled over in 2008 (end of 5-year period is 12/31/2012)
Roth IRA owner is age 59-1/2 or older, can take a qualified distribution beginning in 2013
Are my examples correct? Do these same rules apply to the rollover of non-Roth 401(k) money? Thanks!