(8) Treatment as Roth IRA A qualifying employee for whom an automatic IRA is established under paragraph (1) may elect, at such time and in such manner and form as the Secretary may prescribe but not later than the due date of the return for the taxable year in which such automatic IRA is established, whether to treat the individual retirement plan as described, or not described, in section 408A. If no such election is made, the plan shall be treated as described in section 408A and shall meet the requirements of section 408A (including any appropriate adjustment or conversion as may be provided by the Secretary). (e) Treatment of contributions (1) In general A contribution to an individual retirement plan or purchase of a retirement bond on behalf of an employee under a qualifying automatic IRA arrangement shall be treated for purposes of this title as if it had been made directly by the employee, including for purposes of limitations on contributions to individual retirement plans. (2) Coordination with withholding The Secretary shall modify the withholding exemption certificate under section 3402(f) so that, in the case of any qualifying employee covered under an automatic IRA arrangement, any notice and election requirements with respect to the arrangement may be met through the use of an attachment to such certificate or other modifications of the withholding exemption procedures. (3) Individual retirement plan rules applicable The provisions of this title applicable to an individual retirement plan (as defined in section 7701(a)(37)), including provisions relating to contributions, holding and distributions, shall apply to a qualifying retirement bond, except as determined by the Secretary. (4) Rollover from bonds to IRA The Secretary shall provide for procedures by which an individual may periodically elect to transfer qualifying retirement bonds (with their proceeds) held by the individual to an individual retirement account. Any such transfer shall be treated as a rollover contribution for purposes of