Fiscal cliff tax law expands Roth conversions for qualified retirement plans
February 18, 2013
The recently enacted fiscal cliff legislation (the American Taxpayer Relief Act of 2012) removes many of the limitations on making a qualified rollover from a pre-tax account held within a qualified deferral plan to a Roth account within th…e same plan. Under prior law, qualified deferral plans could allow participants to convert their pretax accounts to Roth accounts within the...
Tags: Roth IRAs new law