Please help with changing from 401-k solo to 401-k roth

Hello good folks

Sorry for this being long but it is very important to us.

1. Fidelity has our current plan , why would they require me to go thru a 3rd party for this Roth . Is there a danger I’m not seeing? I don’t see the big deal.Are there things I might step on? In just a short time on this unbelievable site I have been shocked at how complicated some of the laws are and how a person can really mess up .

2. Has anyone dealt with NPIN or PenServ and are they legit? Should I be aware of anything? NPIN charges $190/yr. Are there better low cost providers or should I spend more for any that might provide more??? Not sure I understand this non-direct approach???

3. My wife handles payroll (only us two ) with help of CPA on taxes but she deals direct with Fidelity on our current plan . Shouldn’t she be able to pick this Roth plan up and run with it or are there hidden complications? Isn’t it now just sending 2 checks to 2 account numbers and keeping the pre and after tax funds separate?

4. NPIN sent a stack of paperwork…any dangers within?

I am planning to convert in 2010 all of our old simple, sep, roll-over and the after-tax one??? so as not to be forced to withdraw and follow Slotts stretching plan for our children .

5. NPIN rep suggested I “Restate” my existing plan to the Roth version but would this prevent me from converting funds that have accumulated over the last 3 years ? Or should I kill the current plan let it die or ???not sure how or if legal and roll this and I suppose roll them to a roll-over ira and convert them.

6.With an active , on-going Roth 401-K are we allowed to annually roll over and convert (on-going) ? Am I correct that unlike the old Roth this new one
imposes forced 70 distribution. How will be able to prevent this into the future unless I’m able to annually kill the plan and start another back up .
I also would like to eliminate the risk of passing before I can convert which
I think prevents a non-spousal beneficiary from converting. Any ideas
here ?

7. Did I read that roth 401-k have become a permanent fixture ?

Sorry again and thank you tons



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