Benefitsgirl
« 409A Nonqualified Deferred Compensation Plans | Main | Accepted »
Monday
Dec202010

IRS Phone Forum on 401(k) In-Plan Rollovers to designated Roth Accounts

Attended a phone forum today in regards to In-Plan Rollovers to designated Roth accounts.  Roger Kuehne and Anita Bowers form the Employee Plans Division were presenters.  All in all very helpful.  The handouts can be found at the following URL.

http://www.irs.gov/pub/irs-tege/inplan_roth_phoneforum.pdf

The biggest take away I got is that although you need a distributable event in order to make an in plan rollover.  You can amend (even retroactively in some instances) to allow for a restrictive in-service distribution, just for the purpose of an in-Plan Rollover to a designated Roth Account. 

PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>