Full Version: Roth contract exchanges
Does the recipient vendor in a ROTH contract exchange need to know when the participant first made ROTH contributions to the transferring vendor? the cost basis?
QUOTE (Felicia @ Sep 1 2010, 01:42 PM) 
Does the recipient vendor in a ROTH contract exchange need to know when the participant first made ROTH contributions to the transferring vendor?
Yes, so that when withdrawals are made, the recipient can determine how to report the distribution.
QUOTE (Felicia @ Sep 1 2010, 01:42 PM)
the cost basis?
Yes, again for later distribution reporting.
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