No. of Recommendations: 0
TTMan writes:

<<I participate in a Co. matching plan where they match 25% of my after-tax contributions up to 6% of my salary (being a non-profit, sometimes they match more when they have to burn off some profit). I have been contributing to this plan for as long as I have been eligible. I expect to leave the company within the next couple of years and will want to roll the plan to an IRA. What do I do with after tax money? Can it go into an IRA with the matching and the gains? Can I take it as a penalty-free disbursement for moving expenses or whatever? (I also have a defined retirement and 403(b) with them that are in TIAA-Cref that I will probably keep as my safety blanket). I found Fooldom late in life but I started a Roth IRA using the RP4/FF4 method and expect to max that account as long as I have earned income.>>

Like TheBadger, I also have not heard of this type of arrangement. Are you sure it's a qualified retirement plan? If so, everything works like TheBadger said. If not, then nothing can be transferred to an IRA. In the latter case, you have some type of nonqualified plan. In that, your after-tax contributions will come back tax-free, but everything else gets taxed on receipt and cannot be transferred to an IRA.

Regards….Pixy
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