Reply To: management from designated 401k a taxable distribution?

Home Fairmark Forum Retirement Savings and Benefits management from designated 401k a taxable distribution? Reply To: management from designated 401k a taxable distribution?

#3595
Alan S.
Participant

There are several issues related to advisor access to accounts that are not under active management, but assuming that a free was billed to a 401k, it would not be a taxable distribution, and could conceivably be reversed with the cooperation of the plan without it being treated as a contribution. Is this a solo K?

Since such fees billed to the participant can no longer be deducted, typically they are better off billed directly (if possible) and paid from pre tax funds. Why is the friend annoyed about the source of payment?