Jim Chad Posted April 10, 2014 Posted April 10, 2014 Do voluntary aftertax contributions count toward 402(g) limit? Can they be converted to Roth?
masteff Posted April 10, 2014 Posted April 10, 2014 No. If you mean an in-plan Roth rollover, yes (http://www.irs.gov/Retirement-Plans/Retirement-Plans-FAQs-on-Designated-Roth-Accounts#irr6 ). Kurt Vonnegut: 'To be is to do'-Socrates 'To do is to be'-Jean-Paul Sartre 'Do be do be do'-Frank Sinatra
Jim Chad Posted April 10, 2014 Author Posted April 10, 2014 Does this mean that in a Safe Harbor Plan someone could defer $17,500 pretax and $20,000 after tax voluntary and convert the $20,000 to Roth every year?
shERPA Posted April 10, 2014 Posted April 10, 2014 Potentially, yes. But the A-T voluntary are subject to the ACP test and the SH doesn't get you out of ACP for them. I carry stuff uphill for others who get all the glory.
Guest RetireFast Posted June 11, 2014 Posted June 11, 2014 Would the SH Basic Matching contributions count toward the ACP Test for the AT voluntary contributions?
MWeddell Posted June 11, 2014 Posted June 11, 2014 You may include all or none of the matching contributions into the ACP test for the after-tax (non-Roth) employee contributions for a 401(k) / 401(m) safe harbor plan.
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