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Is a direct rollover of just the after-tax portion of a 401k directly to a roth ira allowed?

Today is a very special day here at the Slott Report. Why is that, you ask? Well, today is the start of a brand new feature here at the blog called "5 Quick Questions." From time to time you will see new 5 Quick Questions on all sorts of IRA and retirement account related topics.

My husband died last month. He has several retirement accounts. After contacting the different custodians I am getting different answers...

A Simplified Employee Pension (SEP) is a plan that allows businesses to make retirement contributions for its employees and owners without getting involved in more complicated qualified plans. Under a SEP, the contributions are deposited to a traditional IRA, sometimes called a SEP-IRA, set up by each eligible employee.

The Wall Street Journal's weekend edition featured an article by Kelly Greene on how IRAs are about to get trickier due to Uncle Sam tightening his belt on individual retirement account mistakes. The agency will report to the Treasury Department on how to recoup penalties from those who make IRA errors.

IRS recently completed a SEP plan compliance project and found errors by both the SEP employer and by the financial institution filing SEP contribution information. Below we outline the errors made by the employers and the financial institutions.

I have a client who is the Trustee of her company’s Profit Sharing Plan. Two participants (her parents) died last...

I had the understanding that if an employee of a company who accepted an official “early retirement package that included...

This week's Slott Report Mailbag answers your questions on IRA rollovers, the Roth conversion conversation when dealing with Social Security benefits as added income, and inherited IRAs. We answer situational questions asked by individuals, couples, and parents who are searching for the best way to leave an inherited IRA to their daughters.

My wife left her job (age 35), and we want to roll/move her pension into a IRA. Her current amount...