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Roth 401k


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Guest jim williams
Posted

Given the recent changes enacted regarding the Roth 401(k) plan, can anyone cofirm whether required minimum distributions are still imposed on Roth 401(k) accounts? Also, can a participant of a Roth 401(k) plan rollover into the plan a profit sharing account from a previous employer's plan? Only employee deferral sources are allowed to rolled over into a Roth 401(k) plan?

Posted

No change to qualified plan MRDs (including Roth)--still required. Any pre-tax source can be rolled over within a plan into a Roth account in the same plan.

I do not believe that rollovers from another plan can be made into a Roth account in a different plan, but you ought to be able to just roll it over into the currene mployer's plan & then convert to a Roth within that plan.

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