IRS Finalizes Regs for Disbursements from Designated Roth Accounts to Multiple Destinations - McDermott Will & Emery

IRS Finalizes Regs for Disbursements from Designated Roth Accounts to Multiple Destinations

Overview


Todd Solomon said new a IRS final rule on disbursements from designated Roth accounts to multiple destinations “provides additional flexibility to taxpayers” because it “allows taxpayers to choose how to split distributions between traditional and Roth IRAs in cases where after-tax dollars and pre-tax dollars are simultaneously rolled into multiple accounts.”