ROTH IRA
If 401K plan adds companion ROTH 401K plan and allows in-service distributions, ROTH IRA can be set up to roll these funds into. ROTH 401K has no income limitations, so when setting up this particular ROTH IRA can this be done and used WITHOUT imcome limitations??? Thanks.ibe
Permalink Submitted by Alan Spross on Fri, 2008-02-08 00:20
A Roth 401k rollover to a Roth IRA can be done without income limits, whereas the new pre tax 401k to Roth IRA conversion will still have the 100,000 limit until 2010.