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May 8, 2024
9:26
:52
am
NarfUte
All-American
that's what happens. When we convert my wife's 403b we get a 1099-r with the
gross distribution amount
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NarfUte
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NarfUte
Joined
Nov 22, 2005
Last login
Jun 10, 2024
Total posts
3,941 (2 FO)
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Messages
Author
Time
Does your 401k offer a Roth contribution match?
NanoFab Coug
May 8, 9:01am
No but I wish they did.
gmj81
May 8, 9:02am
Isn't this a new concept under the Secure 2.0 act?
ThreatLevelMidnight
May 8, 9:04am
I don’t know what would be the big impact.
NanoFab Coug
May 8, 9:17am
That would be the impact. Additional tax required now for money you didn't
johnnybyu
May 8, 9:24am
That’s not much different than an after-tax contribution to an ira…
NanoFab Coug
May 8, 9:33am
that's what happens. When we convert my wife's 403b we get a 1099-r with the
NarfUte
May 8, 9:26am
Is that a thing?
Niiineteeen84
May 8, 9:04am
It’s new, yes.
NanoFab Coug
May 8, 9:15am
Not yet. We have Roth 401k but no option for in plan conversion or Roth match
NarfUte
May 8, 9:18am
No. I've never seen that.
Dangerous
May 8, 9:19am
I have not heard of this until now, I was going to say they can't but
TheNerd
May 8, 9:31am
Nope, but would be cool.
NorCal_Coug
May 8, 9:57am
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