Sec. 450. Optional treatment of employer matching contributions as roth contributions
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Section 402A(a) of the Internal Revenue Code of 1986 is amended by redesignating paragraph
(2)as paragraph (3), by striking and at the end of paragraph (1), and by inserting after paragraph
(1)the following new paragraph: any designated Roth contribution which is made by the employer to the program on the employee’s behalf, and on account of the employee’s contribution, elective deferral, or (subject to the requirements of section 401(m)(13)) qualified student loan payment, shall be treated as a matching contribution for purposes of this chapter, except that such contribution shall not be excludable from gross income, and . Section 402A(b)(1) of such Code is amended— by inserting , or to have made on the employee’s behalf, after elect to make , and by inserting , or of matching contributions which may otherwise be made on the employee’s behalf, after otherwise eligible to make . Section 402A(c)(1) of such Code is amended by inserting or matching contribution after elective deferral . Section 402A(e) of such Code is amended by adding at the end the following: The term matching contribution means— any matching contribution described in section 401(m)(4)(A), and any contribution to an eligible deferred compensation plan (as defined in section 457(b)) by an eligible employer described in section 457(e)(1)(A) on behalf of an employee and on account of such employee’s elective deferral under such plan. . The amendments made by this section shall apply to contributions made after the date of the enactment of this Act.