Retirement Rollover Flexibility Act

This bill would change federal tax law to let people move money from a Roth IRA into a designated Roth account in an employer retirement plan, such as a Roth 401(k). The transfer must be a direct trustee-to-trustee transfer of the entire amount. It would be allowed if the Roth IRA is the person's only Roth IRA and its balance is at or below the limit used for automatic small-balance rollovers, or if the transfer is part of an automatic portability transaction. The full amount moved would be treated as the person's investment in the account for tax purposes, and the rules would apply to amounts paid after the bill becomes law.

Full text and official record on Congress.gov

Sponsors

• John Barrasso Republican sponsor
• 1 cosponsors