For questions relating to rollovers of 401K's, IRA's, HSA's, etc.

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4
votes
1answer
55 views

Should I do a Rollover 401k instead of a Rollover IRA because of the loan option?

Until now, I was pretty much convinced that rather than rolling over the 401k from my old company to the new company, it is a much better option to roll everything over to a Rollover IRA, and my ...
0
votes
1answer
48 views

What is the best way to combine old and new Investment 401k?

I just changed my job few months ago and my old employer sent me my 401k Details with details of the person or the company who manages 401k for their employees. Now, I want to merge this account with ...
2
votes
0answers
48 views

Using Roth and Rollover IRA for home down payment

I'm not able to find anything on this. I'm planning to withdraw $5000 from my Roth IRA and $5000 from my Rollover IRA for a home down payment. That's the $10k max to avoid a 10% penalty. But does ...
2
votes
1answer
38 views

Old 401(k) Provider Change

I'll preface this with I shouldn't have procrastinated... My previous employer (I left several years ago) is changing their 401(k) provider from Company A to Company B and I never did anything with ...
4
votes
2answers
226 views

Undo 401k to IRA rollover?

After I left my employer I rolled my 401k over to a traditional and Roth IRA (Roth for after tax contributions, traditional for everything else), but am having second thoughts. Is there any way to ...
0
votes
1answer
62 views

Split Roth 401k Rollover between Traditional IRA and Roth IRA

Does the guidance in IRS Notice #2014-54 apply to Roth 401k rollovers? Specifically, is it possible to do a out-of-service rollover on a Roth 401k such that: The earnings are put in the Traditional ...
3
votes
1answer
130 views

Do the gain and loss during futures rollover each month will be even out in long run?

For example, I am using a buy and hold strategy for commodities futures. When spot month close to expiry, I rollover my contract to next month. However, the next month contract are usually wont equal ...
3
votes
3answers
223 views

What are my options if my previous employer does not transfer my 401(k)?

I recently (1yr ago) changed jobs and my previous employer has not transferred my 401(k) contributions. I have sent them several emails regarding this. Their typical response is that they are working ...
4
votes
1answer
90 views

Clarification on 2015 IRA Rollover Limits

I've run into an issue in my personal finance journey that many people now struggle with: having a collection of 401k and 403b accounts left over from previous employers, some of which have been ...
5
votes
1answer
86 views

What does “separate accounts” mean when rolling over into a 457(b)?

I have a SEP-IRA from an old, part-time job that I had in college with about $120.00 in it. I just opened a 457(b) with my state job. I'd like to roll that $120.00 over into the 457(b). According to ...
12
votes
1answer
230 views

How does a tuition insurance payment affect 529 withdrawals?

Qualified college tuition and expenses were paid from a 529 plan in 2014. The school sent a 1098-T and the 529 plan sent a 1099-Q and everything was fine on my 2014 taxes. In 2015 my child has left ...
4
votes
1answer
133 views

Can I put IRA $10K withdrawal back into account within 120 days?

If I take $10K out of IRA for first time home purchase, use it and then come up with extra $10K within the next 4 months, can I put that $10K back into the IRA within the 120 day period (i.e,. ...
3
votes
1answer
135 views

Multi-year delayed 401k payout check cash, which was originally a rollover into a new plan

Here's the chain of events, not all of which I was aware of before this week: In 2010, I started working for a company and diverting money into a 401k In 2012, the company was purchased, and I ...
0
votes
1answer
123 views

Closed out old 401k. Rollover and cash out option. Received wrong amounts

I decided to cash out and rollover my old 401k. I requested a check for some amount after the taxes, and the rest be rolled over into my new 401k. However, instead I received 3 checks: 2 of which ...
1
vote
1answer
92 views

Employer rollover from 403b to 401k?

Can an Employer convert from an existing 403b plan (variable annuity) and transfer all assets to a new employer sponsored 401k plan?
8
votes
1answer
433 views

Can I open a rollover IRA account in the US when I am not a citizen, nor no longer live there?

I lived in the US for about 7 years, and started saving money in the company's 401K plan. I had a green card, but decided to move to my home country years before it expired. I have a US SSN. Now the ...
0
votes
1answer
86 views

Self-directed rollover IRA and foreign country investment

I have self-directed Rollover IRA account. I see a good opportunity to invest in foreign country as fixed deposit for 5 yrs. If in Indian Rupee it will earn more interest versus US$ denominations. I ...
3
votes
3answers
70 views

How can I transfer and consolidate my 401k's and other options?

I have read on Personal Finance & Money that you can keep any and all of the 401(k)s or other options that you've had through previous employers. But how are you able to transfer them all into ...
2
votes
1answer
227 views

If you rollover a Roth 401k to Roth IRA and immediately withdraw it, is there any tax or penalty?

According to the accepted answer to this question, when you rollover a Roth 401k which contains contributions and earnings, to a Roth IRA, you don't pay any taxes. Suppose you then withdraw from the ...
1
vote
1answer
868 views

Why is spousal consent being required for rolling over a 401k?

My wife is having trouble rolling over her 401k (with ING, now Voya Financial) from her previous job into her Vanguard IRA. Apparently she needs my permission to roll the account over because it's a ...
1
vote
2answers
82 views

Is there a “Rollover as business startup” for IRA?

I had a 401(k) with my employer, who I left recently. I'm considering rolling this over into an IRA since I will avoid a small maintenance fee this way, but I'm not sure if I will lose the ability to ...
3
votes
1answer
101 views

401k rollovers (pre & post tax contributions)

I have a 401k from a former employer. This contains both pre & post tax contributions. Do I need to open both a Traditional IRA and a Roth IRA so the distributions are rolled over correctly? It ...
1
vote
2answers
86 views

What to do with old company's 401k? [duplicate]

I have a 401k from a company I no longer work at. It's worth about 70k. What should I do with it? Is there any way I can roll it into something that I can use as part of a down payment for a house ...
2
votes
1answer
108 views

Can I roll my current Roth IRA in my name and my spouse's name into a Roth IRA that is only in my spouse's name?

Can I roll my current Roth IRA in my name and my spouse's name into a Roth IRA that is only in my spouse's name?
3
votes
1answer
118 views

Is it possible to transfer a 401(a) from one brokerage to another?

I created a rollover IRA at Schwab, and am trying to transfer the account, but it seems a bit more difficult than I thought. When I create a rollover IRA from Schwab, and try to transfer the Fidelity ...
5
votes
1answer
320 views

Old 401k investment choices: Cash it out, move it elsewhere?

I started investing in 401K pretty late (around 28) at my previous employer. That account has about $1,500 in it. I want to take it out of there and use it to invest in Vanguard funds. I already have ...
0
votes
1answer
347 views

Do 414(h) rollovers need to be included on form 1040 Line 16?

Upon leaving a teacher position, we rolled over 414(h) contributions to an IRA. The money was sent directly to the IRA and no taxes are due. My question is does the transaction need to be reported on ...
3
votes
2answers
106 views

Already made contributions to a Rollover IRA in 2013, but exceeded the income limit to deduct. What to do?

I switched jobs in February of 2013 and rolled over my 401(k) to a Rollover IRA, which as I understand it, is equivalent to a Traditional IRA. Over 2013, I contributed $4125 to the Rollover IRA and ...
3
votes
1answer
117 views

Roth IRA contributions and Roth 401(k) rollover

My (potentially flawed) understanding of Roth IRAs is that you can take out contributions at any time without penalty. So if you put $5,000 in and it doubles in a year to $10,000, then you sell some ...
8
votes
1answer
465 views

Why would I not rollover my 401k into an IRA when permitted?

Currently in the US there are circumstances which allow you to rollover your existing 401K into an IRA, such as when you change employers. You may also keep it in the existing employer's plan or roll ...
4
votes
2answers
930 views

Can I rollover my traditional IRA $ to another IRA in my spouse's name?

I'd like to cash out the securities in one traditional IRA in my name and transfer/roll over to a different mega-brokerage traditional IRA account owned by my wife. Is that do-able? My purpose is ...
8
votes
1answer
830 views

Rolling over a mixed 401k (Traditional and Roth) to a Roth IRA

I am rolling over my old 401k to a new Roth IRA. My 401k contained my pre-tax contributions, post-tax contributions, employer match, and employer profit sharing. I am guessing my employer match and ...
3
votes
2answers
989 views

Former company acquired. Do I have to move my 401K investments, or can I leave them?

A broker called me to discuss my 401K investments that were made while I worked at a company that was recently acquired by another. The discussion is about rolling those investments from where they ...
2
votes
1answer
715 views

What are the time limits on a 401k direct rollover?

Is there a time limit from the date you request a direct rollover from your 401k until your former employer completes the transaction? When does the 60 day rollover clock for the IRS begin?
5
votes
3answers
262 views

If I expect to have little earned income in a few years, should I prefer a traditional IRA to a Roth IRA now?

I'm currently in the 25% tax bracket, with a salary of $71K; I max out my contributions to a Roth IRA and contribute to a Roth 401(k) past my employer's match. I'm also planning to attend grad school ...
2
votes
2answers
1k views

How are employer matched contributions handled in rollover from Roth 401k to Roth IRA?

I recently asked this question: Can I do a Roth 401k rollover to Roth IRA and withdraw contributions I've made this year? In there, one of the answers pointed out that employer 401k contributions ...
3
votes
2answers
169 views

Former company didn't yet process my 401k rollover. What is considered timely, and are they obliged to process it?

I left my former company 3 years ago and I left my 401k under the management of their 401k company. Now I want to roll it over. I sent a certified letter to them last week, and they got it. Then I ...
13
votes
3answers
969 views

Why would you not want to rollover a previous employer's 401(k) when changing jobs?

Are there any valid reasons to not rollover a former 401(k) when changing jobs? I have several little ones that I never quite got around to rolling together - with an upcoming job change, should they ...
2
votes
1answer
151 views

Will I face complications when rolling my Roth 401K into a Roth IRA when I become a grad student?

I'm planning to leave my current employer in four years and attend grad school for several years, and I'm unsure what I should do with the funds in my Roth 401K. Based on my current salary and my ...
4
votes
1answer
280 views

Can I rollover some of my Roth 401(k) into my Roth IRA even if I'm still employed?

My 401(k) plan, to which I make after-tax contributions, has excellent choices for index funds. I have a plan to get Admiral shares of Vanguard Total US Stock Market (ER of 0.06%), then use the bond ...
2
votes
1answer
70 views

Rollover IRA: Open with my broker, with my bank, or other? How do I go about evaluating?

I've read a few posts here and here to educate me on the pros/cons for the type of IRA. I currently have a bank account with a major bank and a brokerage account with a major brokerage company. How ...
9
votes
1answer
4k views

Should I use a Roth 401K rather than 529 to save for children's college?

I have set up a 529 for my child's college fund but the more I look at it the less useful it seems compared to alternatives. The 529 is quite restricted -- What if she doesn't go to college? What if ...
4
votes
1answer
192 views

Is it a bad idea to have both pre-tax and Roth money in a 401k?

From reading this article, it seems extremely hard to "separate" the pre-tax and the Roth parts of 401(k)s -- you must always move them together. But moving them together is often not efficient; e.g. ...
4
votes
1answer
384 views

Former 401(k) plan closed and check mailed to me. Can I roll over this money and avoid paying tax?

My former employer's 401(k) plan has been terminated and I was mailed a distribution check with 20% tax withheld. However, I wanted to move my money into my current employer's 401(k) and not pay tax. ...
5
votes
1answer
1k views

Moving current employer 401k balance into self-directed solo 401k?

Let's say my employer offers a 401k. In general, this means I can only pick from a basket of funds to invest in. I prefer self directing my investments, and my broker offers a no-fee solo 401k. I ...
2
votes
1answer
135 views

Does a rollover IRA impact your basis for converting a traditional to Roth?

In the United States, does having a rollover IRA impact your basis for converting a traditional to Roth? I ask because I have a 401(k) with a former employer than I could rollover to an IRA and get ...
3
votes
3answers
898 views

Any reason to keep IRAs separate?

Whenever I have rolled over a 401k from a previous employer, I have used a separate IRA for each rollover. Now, I would like to consolidate all these different accounts into one single account for the ...
7
votes
4answers
301 views

Multiple 401K accounts

I had a 401K with a previous employer. When I left, I rolled the account over to ShareBuilder and it's been sitting there ever since. I am not making any contributions to this account. In the last ...
2
votes
2answers
2k views

Can I rollover an “individual retirement annuity” to an IRA?

A few years ago, my wife inherited the assets from some sort of retirement account from a deceased relative. At the time, we were less investment-literate than today, so with the aid of a financial ...
7
votes
2answers
5k views

When leaving job, is there a time limit to rollover a 401k into a Roth IRA?

My wife is leaving her job in the next month and going to a new one. She currently has a 401k that we would like to rollover into a Roth IRA ASAP. However we might be moving in a few months and ...