Tip of the Day
Usually there is confusion regarding what accounts can be converted in an in-plan Roth conversion because there are two laws that come into play here. This Blog post hopefully clears up some of the confusion.
Read MoreRoth Contributions - Features - Pros and Cons
Tip of the Day
Roth contributions to 401(k) and 403(b) plans have become more popular in recent years. The attached article discusses the Roth features and the pros and cons of a plan deciding to provide the Roth contribution feature.
Read MoreTaxation Rules on In-Plan Roth Conversions
Tip of the Day
This article provides information on the Federal 10% early distribution penalty tax, 10% recapture tax and income tax regarding after-tax and pre-tax contributions and account earnings on in-plan Roth conversion transfers.
Read More