Felicia Posted September 1, 2010 Posted September 1, 2010 Does the recipient vendor in a ROTH contract exchange need to know when the participant first made ROTH contributions to the transferring vendor? the cost basis?
J Simmons Posted September 3, 2010 Posted September 3, 2010 Does the recipient vendor in a ROTH contract exchange need to know when the participant first made ROTH contributions to the transferring vendor? Yes, so that when withdrawals are made, the recipient can determine how to report the distribution. the cost basis? Yes, again for later distribution reporting. John Simmons johnsimmonslaw@gmail.com Note to Readers: For you, I'm a stranger posting on a bulletin board. Posts here should not be given the same weight as personalized advice from a professional who knows or can learn all the facts of your situation.
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