Jim Chad Posted April 18, 2013 Posted April 18, 2013 Participant with $800,000 in plan has $75,000 in after tax account. the basis is about $52,000. Can he roll the $75,000 after tax to Roth and pay tax only on the $23,000 gain?
ETA Consulting LLC Posted April 18, 2013 Posted April 18, 2013 Sure. You'd want to ensure the transaction is structured properly as to not convolute the after-tax account with other pre-tax assets. Good Luck! CPC, QPA, QKA, TGPC, ERPA
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