20% Federal w/h on rollover to Roth IRA?

[Guest mac_qka]

Rollover from a 401(k) to a Roth IRA is subject to taxation correct? Is the trustee of the 401(k) [employer, plan sponsor] responsible for withholding the 20% federal tax on the amount being rolled into a Roth IRA?

Thanks.

[Appleby]

Yes. The amount is subject to income tax. But, withholding is optional. Unless the participant elects to have taxes withheld, the payor does not withhold. Notice 2008-30

[Guest mac_qka]

Thanks Apple, you're a peach!

[Appleby]

YW