Archive for January, 2006

Rollover Ira Qualified Plan

Question: A qualified Roth contribution program does what? (27)?

a.saves after-tax money in a 401(k) account

b. allows a rollover from a 401(k) plan to a Roth IRA

c. provides regular contributions to a 401(k) account

d. has no effect on the tax treatment of 401(k) distributions

Answer: A

Do you know what to do with your 401k after changing or leaving jobs?