2009-09-11
The Internal Revenue Service (IRS) issued guidance (Notice 2009-75) on September 8, 2009 that provides some additional clarifications around the taxation of rollovers from an employer plan to a Roth individual retirement account (IRA).

This new guidance supplements last year's guidance (Notice 2008-30) on rollovers to Roth IRAs with two new Q&As. The types of employer plans to which the guidance applies include 401(k) or profit-sharing plans, 403(a) annuity plans, 403(b) plans, and 457(b) governmental plans.

Read IRS Notice 2009-75.

The Hewitt bulletin linked to at right provides more details on IRS Notice 2009-75.

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