In Service Rollover Roth 401k only to Roth IRA upon reaching age 59 1/2
401k participant has both Pre tax and Roth 401k balance in same plan.
Upon reaching age 59 1/2 the participant would like to rollover only the Roth 401k balance to his Roth IRA and keep the Pre tax balance in the 401k plan.
Thanks as always!
Howard
Permalink Submitted by Alan - IRA critic on Mon, 2023-10-30 19:01
There is no tax code provision that would disallow this, but the plan itself may not allow it while the participant is still working or even after the participant separates from service. After separation, the plan may not allow partial distributions. Participant will have to ask the plan administrator or attempt such a partial rollover and see if the plan allows it.