Roth Rollover Proposal Introduced in Senate

Senators John Barrasso (R-WY) and Michael Bennet (D-CO) have introduced the Retirement Rollover Flexibility Act. According to a press release, the bill would allow the rollover of Roth IRAs to employer sponsored retirement plans, creating parity with traditional IRAs which already have this rollover flexibility. Representatives Darin LaHood (R-IL) and Linda Sanchez (D-CA) have introduced companion legislation in the House of Representatives.