Pursuant to The Small Business Jobs Act of 2010, Solo 401(k) Plan participants or employees can now convert of a traditional 401(k) or 403(b) account to a Roth 401(k) in the same plan if their employer offers one. Converting a traditional 401(k) account to a Roth 401(k) account will offer the same one-time tax perk as Roth IRA conversions in 2010.
The Small Business Jobs Act of 2010, signed by President Obama contained a little-known provision, which went to affect on Sept. 27, 2010, allowing fo ...
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