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Old 02-27-2015, 08:27 AM   #21
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Originally Posted by pb4uski View Post
Also see below from Fairmark Forum :: Retirement Savings and Benefits :: Distributions from RIRA after TIRA transfer

I believe that in the OPs situation that the the amount converted into the Roth from the after-tax 401k would need to be in the Roth for 5 years before it could be withdrawn penalty free (even if the Roth account is over 5 years old). However, the OP could withdraw contributions without any withdrawal penalty and any withdrawals would be contributions first anyway.
I love that table by kawill but again, be was meant for TIRA to RIRA conversions and did not have after-tax funds from a traditional 401K in mind. In fact, if you did attempt to use that table in this case, you might say
that this was a non-taxable conversion (since after tax funds involved) and the table says no tax or penalty.......I'm not sure that's the right answer.....Alan S.

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Old 02-27-2015, 08:28 AM   #22
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Originally Posted by kaneohe View Post
Be careful's my impression that aftertax account in a traditional 401K is different in some details than a Roth 401K
You are right, so my post may not apply to OP's situation. He'll probably be along shortly to clarify what he meant by "after tax" money in his wife's 401k. But I'm glad to post the fairmark link in any case, since it should be helpful to people who do have designated Roth contributions in their 401ks

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Old 02-27-2015, 08:33 AM   #23
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From the way it was worded, I'm assuming that the OP meant an after-tax 401k balance was rolled over, not a Roth 401k but your are right that it would be good for the OP to clarify.

It might be somewhat academic as well since under the ordering rules contributions would come out first anyway.

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