Pre 87 after tax contributions to a Roth?
I have a client that has pre 87 after tax dollars in their 401K. The employer has already seperated the funds. Can the funds be directly rolled into a Roth IRA?
Thank you –
I have a client that has pre 87 after tax dollars in their 401K. The employer has already seperated the funds. Can the funds be directly rolled into a Roth IRA?
Thank you –
Permalink Submitted by Alan Spross on Tue, 2009-11-10 21:15
Yes, that should be possible unless the plan requires a lump sum distribution. The conversion income limits still apply for 2009 also.