Automatic Conversion of Future Contributions to Roth
Your plan offers you the capability of converting non-Roth balances to Roth. Once
converted, these amounts would receive the benefits of Roth treatment under IRS rules.
You may change your election at any time, however, once made In-Plan Roth Conversions are irrevocable. You should seek the advice of a qualified tax advisor to understand all potential tax and penalty implications prior to making this election.
To have your future contributions automatically converted to Roth, select Yes and the Next button. To opt-out of converting your future contributions, select No and the Next button. Elections to convert future contributions to Roth will apply to all eligible and 100% vested contributions within the source category listed below, as permitted by your plan.
You may change your election at any time, however, once made In-Plan Roth Conversions are irrevocable. You should seek the advice of a qualified tax advisor to understand all potential tax and penalty implications prior to making this election.
To have your future contributions automatically converted to Roth, select Yes and the Next button. To opt-out of converting your future contributions, select No and the Next button. Elections to convert future contributions to Roth will apply to all eligible and 100% vested contributions within the source category listed below, as permitted by your plan.