Guest Bill Buschmeier Posted February 29, 2000 Posted February 29, 2000 Until about 1998, employees of tax-exempt trade associations could NOT contribute pre-tax dollars into a 401k. They could, however, contribute on an after-tax basis. Upon withdrawal, employer matching funds and all earnings are taxable. The employee's after-tax contributions, however, are not. Is it possible to transfer the after-tax funds into a Roth? If so, what's involved?
BPickerCPA Posted March 1, 2000 Posted March 1, 2000 You cannot roll over after tax money. ------------------ Barry Picker, CPA/PFS, CFP New York, NY Barry Picker, CPA/PFS, CFP New York, NY www.BPickerCPA.com
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