Thank you! I tried reading that section, but legal language is Greek to
me.

-Roman

"Will Trice" <wwtrice[at]paragondynamics.com> wrote in message
news:jMednSHva8MD-nzeRVn-pg[at]comcast.com...
- quote -

Sorry, I meant dependence on income, not age. Duh.

<BreadWithSpam[at]fractious.net> wrote in message
- quote -

According to an IRS report at
http://www.ustreas.gov/press/release..._reg_attch.pdf,
rollovers are governed by I.R.C. section 402(c). A quick glance at this
(http://www.fourmilab.ch/ustax/www/t2...D-I-A-402.html) doesn't show any
dependence on age for rollovers from a Roth 401(k) to a Roth IRA.

-Will

rshekhtm[at]gmail.com writes:

[Re: funds stuck in a Roth 401k]
- quote -

Presumably, that prohibition applies only to rollovers from
regular IRAs into Roth IRAs because it creates a taxable event.
Rollover from a Roth 401(k) to a Roth IRA would be a non-taxable
event.

Can anyone verify this?



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Hello,

My company has started offering the new Roth 401(k) retirement plan and
having considered the pros and cons of Roth 401(k) vs regular 401(k), I
decided to go with Roth. Since there is a possibility that Roth
401(k)'s will go away in 2010, I'd like to develop a plan of action in
case that does happen.

1. If I understand the provisions correctly, I'll be able to leave my
money in that Roth 401(k) account until I'm eligible to withdraw it,
but without the ability to contribute. In this case, my only option
would be to start contributing to a regular 401(k) account, correct?

2. On the other hand, I could theoretically roll the funds over into a
Roth IRA. I see this touted as a great feature of the Roth 401(k),
however there might be a slight problem. Unless I'm mistaken, the Roth
IRA prohibits rollovers from persons with some high adjusted gross
income ($110K?). Assuming my AGI in 2010 does exceed that limit (hey, I
can dream!), does that mean I won't be able to roll over the Roth
401(k) into the Roth IRA? That's rather unfortunate..

3. A follow-up question. Let's say the money ended up staying in my
company's Roth 401(k) plan and in 2011 I decide to leave. Roth 401(k)'s
are no longer offered, so I can't trasfer the funds to the new
employer. I also can't roll over into a Roth IRA (presumably). Is my
retirement money stuck with the old employer and whatever limited funds
they provide forever? That's a scary proposition as well!

Thank you for your help!
-Roman