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    Rollover Chart

    Uploaded by

    sanjeev thadani
    This chart summarizes the rollover options between various retirement plan accounts. It shows that: - Roth IRAs can roll over to other Roth IRAs but not to most other plans. - Traditional IRAs can roll over to other plans but amounts will be taxable except when rolling to another traditional IRA. - SIMPLE and SEP IRAs can roll over to other plans after two years but amounts will be taxable except when rolling within the same plan type. - Governmental 457(b)s, qualified plans, and 403(b)s can roll over between each other but amounts will be taxable except for in-plan rollovers to Roth accounts.

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    © All Rights Reserved
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    Rollover Chart

    Uploaded by

    sanjeev thadani
    46 views1 page
    This chart summarizes the rollover options between various retirement plan accounts. It shows that: - Roth IRAs can roll over to other Roth IRAs but not to most other plans. - Traditional IRAs can roll over to other plans but amounts will be taxable except when rolling to another traditional IRA. - SIMPLE and SEP IRAs can roll over to other plans after two years but amounts will be taxable except when rolling within the same plan type. - Governmental 457(b)s, qualified plans, and 403(b)s can roll over between each other but amounts will be taxable except for in-plan rollovers to Roth accounts.

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    This chart summarizes the rollover options between various retirement plan accounts. It shows that: - Roth IRAs can roll over to other Roth IRAs but not to most other plans. - Traditional IRAs can roll over to other plans but amounts will be taxable except when rolling to another traditional IRA. - SIMPLE and SEP IRAs can roll over to other plans after two years but amounts will be taxable except when rolling within the same plan type. - Governmental 457(b)s, qualified plans, and 403(b)s can roll over between each other but amounts will be taxable except for in-plan rollovers to Roth accounts.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    46 views1 page

    Rollover Chart

    Uploaded by

    sanjeev thadani
    This chart summarizes the rollover options between various retirement plan accounts. It shows that: - Roth IRAs can roll over to other Roth IRAs but not to most other plans. - Traditional IRAs can roll over to other plans but amounts will be taxable except when rolling to another traditional IRA. - SIMPLE and SEP IRAs can roll over to other plans after two years but amounts will be taxable except when rolling within the same plan type. - Governmental 457(b)s, qualified plans, and 403(b)s can roll over between each other but amounts will be taxable except for in-plan rollovers to Roth accounts.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    ROLLOVER CHART

    Roll To
    Designated
    Roth IRA Traditional SIMPLE IRA SEP-IRA Governmental Qualified 403(b) Roth Account
    IRA 457(b) 1 (pre-tax) (401(k),
    Plan
    (pre-tax) 403(b) or
    457(b))
    2
    Roth IRA Yes No No No No No No No

    3 2 2, 7 2 4
    Traditional IRA Yes Yes Yes , after Yes Yes Yes Yes No
    two years
    3 2 2 2 4
    SIMPLE IRA Yes , after Yes , after Yes Yes , after Yes , after Yes, after Yes, after No
    two years two years two years two years two years two years

    3 2 2, 7 2 4
    SEP-IRA Yes Yes Yes , after Yes Yes Yes Yes No
    Roll From

    two years
    3 7 3,5
    Governmental Yes Yes Yes , after Yes Yes Yes Yes Yes
    457(b) two years
    1 3 7 4 3,5
    Qualified Plan Yes Yes Yes , after Yes Yes Yes Yes Yes
    (pre-tax) two years`
    3 7 4 3,5
    403(b) Yes Yes Yes , after Yes Yes Yes Yes Yes
    (pre-tax) two years
    6
    Designated Yes No No No No No No Yes
    Roth Account
    (401(k), 403(b)
    or 457(b))

    1Qualified plans include, for example, profit-sharing, 401(k), money purchase, and defined benefit plans.
    2Only one rollover in any 12-month period.
    3Must include in income.
    4Must have separate accounts.
    5Must be an in-plan rollover.
    6Any nontaxable amounts distributed must be rolled over by direct trustee-to-trustee transfer.
    7Applies to rollover contributions after December 18, 2015. For more information regarding retirement plans and rollovers, visit Tax Information for

    Retirement Plans.

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