ac Posted December 22, 2020 Posted December 22, 2020 Is it possible to amend a 401(k) Plan with a non-elective safe-harbor to add In-plan Roth Rollovers before the end of the year?
Bri Posted December 22, 2020 Posted December 22, 2020 Notice 2006-16 lists what mid-year changes you CAN'T do do a safe harbor plan. Roth Rollovers aren't specifically prohibited. Luke Bailey and Bill Presson 2
MWeddell Posted December 22, 2020 Posted December 22, 2020 I agree with Bri, that one may add an in-plan Roth rollover or conversion feature in the middle of a plan year for a 401(k) safe harbor plan. Not that I make a habit of correcting typos, but that's Notice 2016-16 in Bri's post. Footnote 1 of Notice 2016-16 references an earlier notice that provides for only temporary relief to add an in-plan Roth rollover feature to a 401(k) safe harbor plan in the middle of the year. It is superseded by Notice 2016-16. Luke Bailey and Bill Presson 2
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