Pro Rata Rules

Hello,

For purposes of the pro rata rule that applies to IRA distributions and Roth conversions when after-tax IRA contributions have been made, do you know if balances in SIMPLE 401ks would be part of the pro rata calculation?

Thank you.



SIMPLE and SEP IRA balances would be included, but not a SIMPLE 401k.

A SIMPLE 401(k) is not an IRA so it would not be included on line 6 of Form 8606.

Add new comment

Log in or register to post comments