Rollover IRA
Rollovers of taxable funds are permitted between plans listed in the chart below. This chart also shows which plans can roll after-tax funds to other plans.
Note: Even though the rules permit these rollovers, employer sponsored retirement plans are not required to accept them.
| roll from Traditional IRA to: | |
|---|---|
| Traditional IRA | Yes |
| Roth IRA | Yes, as a conversion. IRS Form 8606 required to be filed by taxpayer for conversions*. |
| SEP IRA | Yes |
| SIMPLE IRA | No |
| Traditional 401(k) Plan | Yes, only if 401(k) accepts. No rollover of after-tax allowed. |
| Roth 401(k)/457(b) Plan Account | No |
| 403(b) Plan | Yes, only if 403(b) accepts. No rollover of after-tax allowed. |
| Govt. 457(b) Plan | Yes, only if 457(b) accepts. No rollover of after-tax allowed. |
| roll from Roth IRA to: | |
| Traditional IRA | No |
| Roth IRA | Yes |
| SEP IRA | No |
| SIMPLE IRA | No |
| Traditional 401(k) Plan | No |
| Roth 401(k)/457(b) Plan Account | No |
| 403(b) Plan | No |
| Govt. 457(b) Plan | No |
| roll from SEP IRA to: | |
| Traditional IRA | Yes |
| Roth IRA | Yes, as a conversion. IRS Form 8606 required to be filed by taxpayer for conversions*. |
| SEP IRA | Yes |
| SIMPLE IRA | No |
| Traditional 401(k) Plan | Yes, only if 401(k) accepts. No rollover of after-tax allowed. |
| Roth 401(k)/457(b) Plan Account | No |
| 403(b) Plan | Yes, only if 403(b) accepts. No rollover of after-tax allowed. |
| Govt. 457(b) Plan | Yes, only if 457(b) accepts. No rollover of after-tax allowed. |
| roll from SIMPLE IRA to: | |
| Traditional IRA | Yes, after 2 years from first deposit. |
| Roth IRA | Yes, as a conversion, after 2 years from first deposit. IRS Form 8606 required to be filed by taxpayer for conversions*. |
| SEP IRA | Yes, after 2 years from first deposit. |
| SIMPLE IRA | Yes |
| Traditional 401(k) Plan | Yes, only if 401(k) accepts and after 2 years from first deposit. |
| Roth 401(k)/457(b) Plan Account | No |
| 403(b) Plan | Yes, only if 403(b) accepts and after 2 years from first deposit. |
| Govt. 457(b) Plan | Yes, only if 457(b) accepts and after 2 years from first deposit. |
| roll from Traditional 401(k) Plan to: | |
| Traditional IRA | Yes. If after-tax money rolled, IRS Form 8606 required to be filed by taxpayer. |
| Roth IRA | Yes, as a conversion. IRS Form 8606 required to be filed by taxpayer for conversions*. |
| SEP IRA | Yes. If after-tax money rolled, IRS Form 8606 required to be filed by taxpayer. |
| SIMPLE IRA | No |
| Traditional 401(k) Plan | Yes, if plan accepts. If after-tax money, must be a direct rollover. |
| Roth 401(k)/457(b) Plan Account | Yes, only if plan allows in-plan Roth conversion. |
| 403(b) Plan | Yes, if plan accepts. If after-tax money, must be a direct rollover (as of 2007). |
| Govt. 457(b) Plan | Yes, if plan accepts. No rollover of after-tax allowed. |
| roll from Roth 401(k)/403(b)/457(b) Plan Account to: | |
| Traditional IRA | No |
| Roth IRA | Yes |
| SEP IRA | No |
| SIMPLE IRA | No |
| Traditional 401(k) Plan | No |
| Roth 401(k)/457(b) Plan Account | Yes, only if plan accepts. Designated Roth contributions must be a direct rollover; earnings can be made via a 60-day rollover. |
| 403(b) Plan | No |
| Govt. 457(b) Plan | No |
| roll from 403(b) Plan to: | |
| Traditional IRA | Yes. If after-tax money rolled, IRS Form 8606 required to be filed by taxpayer. |
| Roth IRA | Yes, as a conversion. IRS Form 8606 required to be filed by taxpayer for conversions*. |
| SEP IRA | Yes. If after-tax money rolled, IRS Form 8606 required to be filed by taxpayer. |
| SIMPLE IRA | No |
| Traditional 401(k) Plan | Yes, if plan accepts. If after-tax money, must be a direct rollover (as of 2007). |
| Roth 401(k)/457(b) Plan Account | Yes, only if plan allows in-plan Roth conversion. |
| 403(b) Plan | Yes, if plan accepts. If after-tax money, must be a direct rollover (as of 2007). |
| Govt. 457(b) Plan | Yes, if plan accepts. |
| roll from Govt. 457(b) Plan to: | |
| Traditional IRA | Yes. If after-tax money rolled, IRS Form 8606 required to be filed by taxpayer. |
| Roth IRA | Yes, as a conversion. IRS Form 8606 required to be filed by taxpayer for conversions*. |
| SEP IRA | Yes. If after-tax money rolled, IRS Form 8606 required to be filed by taxpayer. |
| SIMPLE IRA | No |
| Traditional 401(k) Plan | Yes, if plan accepts. |
| Roth 401(k)/457(b) Plan Account | Beginning 2011: Yes, only if plan allows in-plan Roth conversion |
| 403(b) Plan | Yes, if plan accepts. |
| Govt. 457(b) Plan | Yes, if plan accepts. |