In observance of the Christmas Day federal holiday, the New York Stock Exchange and Capital Group’s U.S. offices will close early on Tuesday, December 24 and will be closed on Wednesday, December 25. On December 24, the New York Stock Exchange (NYSE) will close at 1 p.m. (ET) and our service centers will close at 2 p.m. (ET)
RecordkeeperDirect® plan participants can now use our In-Plan Roth Conversion Request to convert pre-tax assets in their accounts to Roth assets.
To take advantage of this option, plan sponsors may need to update the money types on file for their plan. If necessary, they should complete the Plan Maintenance Request to add in-plan Roth conversion money types. Plans have the ability to allow in-plan Roth rollovers (for participants who have met a distributable event) and/or in-plan Roth transfers (for participants who haven’t yet met a distributable event).
We appreciate the opportunity to serve your retirement plan needs. If you have any questions about our in-plan Roth conversion capabilities, please call us at (800) 421-6019.