You might also see "Post-86 After Tax" under "Post Tax Contributions" on the sources view. That's your after-tax basis, while "AFTER-TAX" is basis + earnings. Those earnings are untaxed, so if you convert them you have to pay taxes the year of the conversion (they'll show up on a 1099-R).
https://www.fidelity.com/viewpoints/ret ... tributions
Fidelity can automate RIPC if your employer allows. If so, after-tax contributions are converted to Roth nearly the moment they hit the account, so there's usually no untaxed earnings, but in previous years I've gotten a 1099-R for a cent or two.
https://www.fidelity.com/viewpoints/ret ... tributions
Fidelity can automate RIPC if your employer allows. If so, after-tax contributions are converted to Roth nearly the moment they hit the account, so there's usually no untaxed earnings, but in previous years I've gotten a 1099-R for a cent or two.
Statistics: Posted by jsaver — Thu Feb 13, 2025 11:46 pm — Replies 3 — Views 253