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After Tax IRA Contributions


Christian

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In a recent article I read that the Service is now permitting transfers of after tax contributions to 401k regular IRA accounts into 401k Roth accounts with no tax consequences. Has anyone read anything on moving after tax contributions in regular IRA accounts into a client's Roth IRA account on the same basis. I have a sizeable balance in my own traditional IRA which was contributed after tax and am wondering if I could not simply pull it out and place it into my Roth instead of taking it in tiny increments each year in my minimum required distributions at the rate of some two percent or so each year.

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