401(k) Bene – Pre & Post Tax DB
Bene of 401(k) that has post tax money would like a separate check for that amount with balance into inherited IRA. Is this possible? Or would it have to be pre-1987 money?
Bene of 401(k) that has post tax money would like a separate check for that amount with balance into inherited IRA. Is this possible? Or would it have to be pre-1987 money?
Permalink Submitted by Alan Spross on Wed, 2007-11-28 22:22
Al,
The distribution should be as requested as long as it is a LSD or a pro rated amount of each type.
If there were accounted for pre 1987 amounts of post tax contributions, then those amounts could come out separately, rather than ratably.