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IRS approval for Roth 401(k)
originally posted: 11/22/2006
reposted: 2/18/2011 This post has not
been recently reviewed or revised by the author and may be out of date.
If you notice an error or are in doubt, please send a new question by
email or ask for an update. Email asktony@tonynovak.com.
Q: Do I need IRS approval to
switch to a Roth 401(k)?
A: No, any 401(k) plan can adapt
the Roth option without affecting it's pre-approval status. In other
words if your 401(k) plan has a determination letter (either the
individual plan or the master submitter plan) then adoption of the
IRS-approved Roth amendment does not negate the approval. On the other
hand, if your 401(k) plan does not have a pre-determination letter,
then adoption of the IRS-approved Roth amendment does not give the plan
any additional assurance.
Summary
More resources:
Freedom Benefits abbreviated copy of IRS Notice 2006-44
