HB 2651 – Roth 401k Accounts for Law Enforcement Officers

Also this week, HB 2651 which permits officers to elect Roth conversion to their 401k and eliminates taxes upon withdrawal passed out of committee and is headed for the House floor. Introduced by Representatives Larry Bell and Gene Wilson, HB 2651 received a unanimous favorable report on Wednesday, June 21, 2006 in the House Pensions & Retirement Committee.