Finanse publiczne · 19/09/2014

Removal of Allocation Rule for Disbursements From Designated Roth Accounts to Multiple Destinations

The IRS proposes changes to tax regulations regarding distributions from designated Roth accounts, limiting the allocation rule to disbursements made before January 1, 2015 or a chosen date after September 18, 2014. The new rules would affect tax-favored retirement plans, including administrators, employers, participants, and beneficiaries of designated Roth accounts.