roth in service over 59 1/2 but less than 5 years

[pmacduff]

Participant over 59 1/2 requested an allowable in-service of 100% of his vested account balance.   He began contributing roth in January of this year.  How is the 1099-R coded for the roth portion 1B or 2B?  These are the Code options provided by the vendor's online system.  I'm thinking that because the roth contributions were not in the Plan for 5 years he will have to pay tax on the roth earnings and it should be the 1B Code.  Because he is over 59 1/2 - that gets him the waiver for the 10% premature withdrawal penalty on the earnings so perhaps the 2B Code?  I know I'm overthinking this but am burned out!!

[Lou S.]

He's over 59 1/2 so wouldn't the code be "7B"

And correct, only the earnings would be taxable.

[pmacduff]

That's what I thought Lou but the vendor only offers 1B or 2B as options.  I think I can send in a paper copy (gasp!) and use the 7B code.