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Can any retirement plan (401(k), 403b, 457, Tax shelter annuity, TSA, Sep-IRA, SIMPLE IRAs) be converted to a ROTH IRA?

April 26, 2017Annuity retirement plan roth ira shelter tax tsa

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Can any retirement plan (401(k), 403b, 457, Tax shelter annuity, TSA, Sep-IRA, SIMPLE IRAs) be converted to a ROTH IRA?

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Yes, if those plans are qualified retirement plans with only pre-tax monies in them. If a retirement plan can be moved to a Rollover IRA, then the Rollover IRA can be converted to ROTH IRA, subject to income limits.