The Motley Fool Discussion Boards
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:
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