Guest emcelroy Posted October 19, 2010 Posted October 19, 2010 Client maintains a terminating pension plan. Participants are interested in having lump sum distributions transferred to Roth portion of client's on-going 401(k) plan. Particpants, of course, would pay tax on entire amount of amount transferred to Roth portion of 401(k) plan. I do not think that is permitted under the provisions of the SBJA of 2010. Any thoughts would be greatly appreciated.
Guest Sieve Posted October 19, 2010 Posted October 19, 2010 You are correct--it is not permitted (yet). Why not just convert the distribution into individual Roth IRAs?
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