Tagged Questions
3
votes
1answer
47 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 ...
8
votes
1answer
379 views
Should I use a Roth 401K rather than 529 to save for children's college?
First some background:
I'm a new parent and I live in Nevada, a state with no state income tax. I'm 26 and my wife is 29. She's finishing her PhD (to hopefully become a professor) and I'm an ...
5
votes
2answers
803 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 ...
7
votes
3answers
765 views
Best to roll over a 401k into a Roth IRA or traditional IRA?
I am rolling a 401k from a former employer to an IRA or Roth. I am trying to figure out the tax consequences of doing so. My understanding is, is that my contributions to the 401k were not taxed going ...
4
votes
2answers
95 views
Can I convert my traditional IRA to a Roth IRA in 2011?
Going forward, I'm putting all my retirement savings that goes above my employer 401k match into a Roth IRA.
I have a traditional IRA that I opened many years ago and has sat untouched for quite a ...
4
votes
2answers
76 views
Can Roth conversion taxes be reduced by moving rollover IRA back to 401k?
I have two traditional IRAs:
a rollover from a past 401k, with no basis (all pretax contributions)
an IRA with only after-tax contributions, with high basis
If I do a Roth conversion, as far as I ...
3
votes
3answers
1k views
Can 401(a) “FICA Alternative” plan be rolled over into Roth IRA?
My employer uses a 401(a) plan, or "FICA Alternative" to Social Security. Every quarter I get a statement of my balance, which has grown quite a bit. I'm wondering, can this 401(a) balance ever be ...
3
votes
2answers
322 views
Is there a difference between conversion of a traditonal IRA to a Roth IRA vs opening a Roth and transferring the money from a traditional IRA?
Is converting a traditional IRA to a Roth IRA the same as opening a Roth IRA account and rolling over the money from the traditional IRA? Are they different in any way?
8
votes
3answers
2k views
What is the difference between a Rollover IRA and a Roth IRA?
Previous Question.
I have decided to roll my 401(k) into a Roth IRA. I use ThinkOrSwim as my broker currently, so I plan on opening an IRA with them. When opening the account I'm presented with the ...
8
votes
1answer
438 views
Should I rollover my 401(k) into a Roth IRA in 2010, or wait until 2011?
After asking my previous question and reading about the different options available, I'm looking at rolling it over to a Roth IRA to avoid paying the taxes at retirement. Is it better to do this in ...
11
votes
2answers
335 views
Do Roth IRA contribution limits apply to Rollover IRAs?
My wife has already maxed out a Roth IRA for 2010. She just quit her job, and has a 401k from her former employer. Would I be able to roll it into a new Roth IRA even though she has already ...
