That would be the impact. Additional tax required now for money you didn't

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May 8, 2024
9:24:05am

johnnybyu All-American

That would be the impact. Additional tax required now for money you didn't

receive yet.

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johnnybyu

Bio page: johnnybyu
Joined: Jun 6, 2002
Last login: Jun 2, 2024
Total posts: 14,901 (1 FO)

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Messages

Author

Time

Does your 401k offer a Roth contribution match?

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.

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…

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?

May 8, 9:04am

It’s new, yes.

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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