The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies


Subject:  Re: ROTH 401K to ROTH IRA Date:  8/16/2013  3:25 PM
Author:  TMFPMarti Number:  119020 of 124795

Actually, it will probably be a three part rollover.

1.) After tax contributions to a ROTH IRA
(This was done when my husband's 401K was rolled over.
It was a separate Rollover from the pre-tax amount.)

Uh, no, you can't do that. Non-Roth contributions roll into a traditional IRA if they roll anywhere. You might want to look into correcting this since it's a 6% excess contribution penalty if the IRS catches on.

Here's an excellent discussion on the topic:

Rule Your Retirement Home Fool
Copyright 1996-2016 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us