The TD Form W-8BEN may be obtained from any United States Internal Revenue Service (IRS) office, United. States Consulate office, or by writing Defense Finance and Accounting Service, U.S. Military Annuitant Pay, P.O. Box 7131, London, KY 40742-7131or the annuitant may call toll free 1-800-321-1080.
Taxable Event. There's no limit on the amount you can roll to a Roth from another retirement account. However, a Roth rollover is a taxable event. Traditional IRAs, 401k plans, 403b plans and 457 plans are typically composed of pretax dollars.Roth IRA contributions come from after-tax dollars.So when you effect the rollover, you have to pay taxes on the money that was originally in a pretax account.ou can move money from nearly any retirement account into a Roth. The list of eligible account types includes the 401k, 403b, 457 plan, traditional IRA, SIMPLE IRA and SEP-IRA. You can even roll money from your employee profit-sharing, money purchase and defined benefit plans.
1. There are restrictions on how much you can contribute to different accounts. The 2015 contribution limit for a 401(k) is $18,000; $24,000 if youâre 50 and over. Then you can also deposit up to $5,500 in a Roth or traditional IRA for 2015 ($6,500 if youâre 50 and up).Thatâs the combined limit for both types of IRAs, by the way.You canât put, say, $5,500 each into an IRA and a Roth IRA.. Last, there are specific income restrictions on Roth accounts. If your modified adjusted gross income (MAGI) is $178,000 or less in 2014, you can contribute up to the full amount in a Roth. As your income rises above $178,000, your ability to contribute phases out. Read details on Roth IRA limits here.