Alan, I agree the TIRA is not an allowed rollover destination, but I see this transaction as a "rollover", not a "contribution". Well, technically, we could call this a "rollover contribution" but it is not the same as if the OP added new money into the account.Sounds like Fidelity totally botched the plan accounting, with Roth 401k gains apparently being treated as gains on pre tax contributions. If that is correct, 18,875 of Roth money went into a TIRA which is not an allowed rollover destination, creating an excess TIRA contribution that must be removed from the TIRA.
But FiveK is making a good point too.
Statistics: Posted by celia — Wed Sep 18, 2024 10:47 pm