IRS Clarifies its Position on Isolating and Transferring After-Tax 401(k) Dollars


video-icon

Click the video icon to watch now!

Terry walks through the IRS Notice 2014-54 that clarifies the “muddy water” initially created in IRS Notice 2009-68 issued 5 years prior. This video describes the IRS’s current (i.e., new) position on separating 401(k) after-tax dollars and pretax dollars which can result in significant income tax savings for many families.

start-the-conversation

Posted: September 26, 2014

Authored by: Terry Prather, CFP®, ChFC®

Direct Phone: 812-602-6307

Email: twprather@paynewealthpartners.com

Share your thoughts by tweeting to @PayneWealth or follow us for more useful information!

The information in this material is only as current as the date indicted, and may be superseded by subsequent market events or for other reasons. Statements concerning financial market trends are based on current market conditions, which are subject to change and which Payne Wealth Partners, Inc. does not undertake to update. While all information prepared in this document is believed to be accurate, any statements of opinion constitute only current opinions of Payne Wealth Partners, Inc., which are subject to change and which Payne Wealth Partners, Inc. does not undertake to update. Accordingly, you should not put undue reliance on these statements.

Contact Our Offices

Payne Wealth Partners, Inc.
Keystone Financial Consulting
601 N Cross Pointe Blvd
Evansville, IN 47715
Phone: 812-477-6221
Toll Free: 888-477-6221
Let’s help clients lead their best life and leave a powerful legacy. Together!  Career Opportunities