Mega backdoor Question

[Craig S.]

If I have a solo 401k that I make pre-tax and after tax contributions in, how do I roll the after tax portion to a Roth account? Can this be done in the same 401k account by moving funds from the after tax account to the Roth account? Or do I have to move the funds from the after tax account to a new Plan like a Roth IRA?

Craig S.

Contact

[George Blower]

Voluntary after-tax solo 401(k) contributions must be deposited in a separate subaccount for voluntary after-tax solo 401(k) funds. Such funds can then be transferred from the voluntary after-tax solo 401(k) subaccount to the Roth solo 401(k) subaccount (or to a Roth IRA). As a result, one may have three different subaccounts: a pretax, Roth, and voluntary after-tax solo 401(k) subaccounts.

For more information please see the following:

• Mega Backdoor Roth Solo 401k (Transfer to Roth IRA)
• Mega Backdoor Roth Solo 401k (In-Plan Roth 401k Conversion)

George Blower

My Solo 401k Financial

Contact

8004897571 mysolo401k.net