Reply To: 403(b) => Roth IRA after age 59-1/2

Home Fairmark Forum Retirement Savings and Benefits 403(b) => Roth IRA after age 59-1/2 Reply To: 403(b) => Roth IRA after age 59-1/2

#71281
Alan S.
Participant

See bottom of p 11 and page 12 of Pub 36 attached: https://www.tax.ny.gov/pdf/publications/income/pub36.pdf

Looks like you are eligible for the complete subtraction for all NYS and city taxes for a distribution including Roth rollover. That’s much better than just 20,000.

The question is whether you are allowed a distribution from the plan while still in service. That’s subject to the plan document after 59.5.

  • This reply was modified 1 month, 1 week ago by Alan S..