Effective January 1, 2015, based on recent legislation and IRS guidelines, GM is expanding the Roth conversion feature in the RSP and PSP to incorporate all vested assets, including both pre-tax and after-tax monies. This feature can allow for more flexibility in managing one’s tax strategy up to and throughout retirement.
To discuss the Roth conversion option in your GM savings plan and if it may be right for your personal situation, contact Mainstay Capital Management toll-free at 1‑866‑444‑6246.