Art of the Qualified Plan Audit

Whether it is when we are growing up, in school, or in our careers, we tend to gravitate towards those who are most like us and form groups.

Lack of clarity causes frustration. The topic of how to properly allocate the pretax and after-tax amounts attributable to distributions from qualified plan accounts that include Roth 401(a) accounts or after-tax accounts has been a source of much debate in the retirement plan community.