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In-Plan Roth Conversions, Directed by Investment


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Can a 401(k) plan participant designate the specific investments, within the qualifying money source (i.e. Profit Sharing or Rollover accounts), to convert to an in-plan Roth account?

Posted
Can a 401(k) plan participant designate the specific investments, within the qualifying money source (i.e. Profit Sharing or Rollover accounts), to convert to an in-plan Roth account?

That would depend entirely on how the specific plan is written. Generally, I'd say the answer is no.

Kurt Vonnegut: 'To be is to do'-Socrates 'To do is to be'-Jean-Paul Sartre 'Do be do be do'-Frank Sinatra

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