Roth IRA: Reporting

Since designated Roth contributions are already included as part of wages, tips & other compensation on Form W-2, must designated Roth contributions also be identified on Form W-2?

Yes, contributions to a designated Roth account must be reported separately on Form W–2,Wage and Tax Statement. Do employees have any record keeping or reporting obligations? You have no reporting obligation with designated Roth contributions in a 401(k) or 403(b) plan. But, if you are rolling over a distribution from a designated Roth account to [...]

Since a qualified distribution from a designated Roth account is not subject to taxation, must the distribution be reported?

Yes it is, and the distribution from a designated Roth account must be reported on a from (Form 1099-R). If you have a direct rollover, your plan administrator is required to provide the plan administrator of the plan accepting an eligible rollover distribution, with your statement indicating either the first year of the 5-taxable-year period [...]

Who is responsible for keeping track of the designated Roth contributions and 5-taxable-year period?

You should have a plan administrator who is responsible for keeping track of the amount of designated Roth contributions and the date of the first designated Roth contributions, made by you and your fellow employees, for calculating your 5-taxable-year period. The plan administrator is responsible for rolling over a distribution and is required to provide [...]