tertue Posted January 4, 2013 Posted January 4, 2013 What does the new legislation made during the fiscal cliff talks mean concerning the ROTH 401k? I have a ROTH 401k, but does it have to be amended to be able to do the new ROTH conversion? Here is what my plan document states under ROLLOVERS: Rollover Contributions are permitted (Section 4:05): YES - All Eligible Employees may make a Rollover Contribution even if not yet a Participant in the Plan Rollover Contributions are permitted from: All qualified plans and tax favored vehicles allowed under Code section 402 (Section 4.05(b) Also, can a Traditional ROTH IRA be rolled into my ROTH 401K?
masteff Posted January 4, 2013 Posted January 4, 2013 1) You need to talk to your document provider about whether your plan is amended properly to permit in-plan Roth conversions. 2) http://www.irs.gov/pub/irs-tege/rollover_chart.pdf 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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