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Posted

We got a strange call from one of our clients this morning. While a coworker actually took the call, I am doing the research. She has a new employee who is asking if he can roll his Roth IRA into the company's 401(k) profit sharing plan. I know starting next year, you can roll your distributions from a 401(k) etc into a Roth, but i have never had anyone ask me the opposite.

i want to say the answer is no to this bizare question. Thoughts? :blink::huh:

QKA, QPA, ERPA

 

Posted

You are correct -- you currently can't roll over a ROTH IRA into a 401(k). You also cannot roll nondeductible Traditional IRA contributions into a 401(k).

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