SPECIAL RETIREMENT PLAN ISSUES (1 OF 3)
01.Core Concepts
Roth 401(k) and Roth 403(b) Plans - Employee Contributions • No tax deferral • Distributions are tax free if it is a qualified distribution – must meet both of the following requirements : • Account open for 5 years, and • Made after age 59½, disability, or death • Distributions that are not qualified are taxed on a pro rata basis consisting of income and return of basis.