401(k) rollover and Roth and then Recharacterization

[Anonymoose]

Here are the facts:

Participant rolled over her regular 401(k) (non Roth) balance to a Roth IRA

Participant may later this year want to recharacterize her Roth rollover to a regular IRA rollover

Is this allowed? Or is it necessary for the funds to go from the 401(k) to a regular IRA then convert to a Roth IRA and then recharacterize back to a regular IRA?

Thanks.

[masteff]

It's allowed.

http://www.irs.gov/retirement/article/0,,i...1413,00.html#6r

"How can I recharacterize an amount rolled over to a Roth IRA from an employer-sponsored retirement plan?

You can only recharacterize amounts rolled into a Roth IRA from an employer-sponsored retirement plan by transferring them to a new or existing traditional IRA, and not back into the plan from which they were distributed."