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 ICMA-RC Working Toward Offering Roth 457- ICMA-RC Working Toward Offering Roth 457
- September 24, 2010
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Joan McCallen, President and CEO of ICMA-RC, commented that "ICMA-RC is excited by the prospect of seeing this legislation signed into law, especially the Roth 457 deferral provision, as it will provide public sector employees with additional retirement savings options."
Washington, DC - The House of Representatives passed the Small Business Jobs Act of 2010, which includes provisions that would allow for Roth contributions to a 457 plan and in-plan Roth conversions for eligible rollover distributions. The Senate previously voted in favor of the Act, so it will now go to President Obama, who is expected to sign it into law. ICMA-RC is monitoring the legislation and plans to offer these features as soon as practical after the Act becomes law. The President will ...
- View more at: http://www.1888pressrelease.com/icma-rc/joan-mccallen/icma-rc-working-toward-offering-roth-457-pr-243747.html
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