Bill would allow for the conversion of a 401(k) to a Roth
account  06/29/2010 |  Employees who are close to retirement age
would be able to transfer their retirement savings from a 401(k)
to a Roth savings account under a provision in a Senate small-
business measure. Workers over the age of 59½ would be able to
transfer funds from 401(k) plans in much the same way they can
move money from traditional IRAs. The move is seen as a revenue
generator for the government, as it would require participants
to pay deferred taxes on their 401(k) savings.  View Full
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