IRS Clairifies New Eligible Contributions For Roth Rollover

Law360, New York (December 11, 2013, 6:21 PM EST) -- The Internal Revenue Service cleared up on Wednesday what types of additional contributions can now be converted to a Roth retirement account as a result of changes to the tax code brought about by Congress' fiscal cliff deal.

The IRS issued a notice that provides guidance on what types of retirement contributions are now eligible for Roth rollovers. The American Taxpayer Relief Act of 2012, enacted in January to avoid the so-called fiscal cliff, loosened restrictions on what types of contributions and earnings could be converted...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.