FIS Relius

Topics include:

• Eligible plans
• Effective date
• Roth deferrals
• Roth rollovers from other plans
• In-plan Roth rollovers
  • No need for distributable event
  • Account and vesting restrictions
  • Taxation
• Transfer of amounts with basis (after-tax contributions)
• Withholding concerns
• Reporting rollovers
• Extended amendment deadlines and document issues
• Participant tax issues
  • Income inclusion
  • 10% penalty tax
    • On transfer
    • On early withdrawal

Prerequisites: There are no prerequisites or other advanced preparation required for this program.

Level: Overview

Instructional Delivery Method
Group – Internet-Based

Speaker
S. Derrin Watson, J.D., APM
Recipient of ASPPA's 2006 Educator of the Year Award

Objectives: After attending this seminar, attendees should be able to:

1. List the plans that can use in-plan Roth transfers
2. List the balances that can be transferred to Roth
3. Explain the tax consequences of a Roth conversion
4. Explain how Roth conversions interact with in-plan Roth rollovers

Hardware System Requirements:

• Windows Vista, Windows 7, or Windows 8
• Internet Explorer 8 or later, and set browser to allow pop-up windows.
• High-speed Internet connection.
• 1023 x 768 or higher display resolution.
• Soundcard and Speakers.

Software Requirements:

• Silverlight Version 4 is required. Silverlight Version 5 or higher is preferred.
• Silverlight 4 System Requirements Information: http://www.microsoft.com/getsilverlight/locale/en-us/html/installation-win-SL4.html
• Silverlight Downloading:
  • If you do not have Silverlight on your desktop, you should see an automatic pop-up window that will allow you to install it.
  • If you don't see the pop-up window, or if you wish to install this application before you access the recording, you may download it from this location: http://www.microsoft.com/getsilverlight/get-started/install/default.aspx 
• If you have questions or need assistance with accessing/downloading Silverlight, please contact your IT or MIS department.

Program related requests, questions, or concerns may be emailed to: relius.education@sungard.com.