First, determine whether you need a Traditional or Roth IRA. If your old 401k had very cheap expense ratios and good fund options, and your new employer doesnt, moving to the new 401k is bad. But the best course of action for just about everybody is to roll the 401k over into an IRA. Similarly, you can roll after-tax savings into a traditional IRA, but this requires careful tracking of your assets for when you start taking distributions. I am familiar with ubiquity and while their fees are relatively low at .08%, you can just avoid that by transferring to a traditional IRA at a brokerage like vanguard. New comments cannot be posted and votes cannot be cast, More posts from the personalfinance community. Press question mark to learn the rest of the keyboard shortcuts. Coupled with the $10k state and local tax limit in a high-tax locale (NYC), I owe ~$2600 this year. Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. As you may have guessed from the title, I decided to roll this into a Roth IRA and I’m going to show you just how easy it was. The most common type of rollover is the 401(k) rollover, which lets you transfer money from a 401(k) you had at a previous job into an IRA or the 401(k) at a new job.This is the type of rollover we’re going to focus on. I would roll it over into the new 401k. Thank you for your congratulations! Good luck! Open your Schwab Rollover IRA Apply for a Rollover IRA online to get started on your own. That does mean that you have to select a good company to host your personal IRA (like Vanguard) and that you use it in a way that minimizes fees charged against you (as with buying vanguard index funds). Check out the details on your new 401k. If you decide to roll over your entire 401(k) balance, you can roll all of your pre-tax dollars into a traditional IRA and all of your nondeductible contributions into a Roth IRA. Thanks for specifying! How do I estimate my tax rate now vs in retirement? Who knows where those companies will be then or how many times they will change 401k providers during that time. (i.e. I understand that one is taxed now and one later, but in which circumstances do you choose which one? Hey. However- since this year I will have a 401k and my income will be nearing or at the limit for tax deductible contributions I am wondering if a trad IRA is still the right way to go. Many people benefit from turning a 401(k) into a rollover IRA after leaving a job, often in the form of lower fees, a larger investment selection or both. Rolling into an IRA at Fidelity, Schwab, or Vanguard is usually suggested, due to IRAs generally having a much wider selection to choose from, which may mean better expense ratio funds (example: often when people post lists available to them in 401ks, they may get the option for Fidelity Freedom #### funds with ERs around 0.75%, but IRAs would let you get Fidelity Freedom Index funds at around 0.15%). I did the same thing and felt it was tremendous to get all my 401k money into my Roth working with that money more effective. Make a pre-tax and a post-tax personal IRA and switch the employer accounts into whichever one is the same type as the employer was using. But there are times when a rollover is not your best option. I think I will be nearing income limits for deductible contributions with a traditional IRA/employer 401k this year. Professional guidance : Many retirement plans offer specialized money-management services with competitive fees that you may wish to maintain. A 401(k) rollover is a transfer of money from an old 401(k) to an individual retirement account (IRA) or another 401(k). After-tax assets (Roth 401(k) or after-tax savings) are rolled into a Roth IRA. Either way, better to move the money sooner rather than later. People here tend to distrust 401ks due to their frequently high fees, and prefer IRAs for the investment flexibility, but it really depends on the 401k. Conventional wisdom says to roll it over into an individual retirement account (IRA), and in many cases, that is the best course of action. I added the current 401 allocation and fund to the OP. You choose Roth now if you think you'll be taxed more at retirement than you are now. If you transfer the funds into your new employer's 401(k), your expense ratio would 0.16% in that Target Retirement Fund--Much better than what you're currently paying. I am wondering what is my best bet to do with my old 401k- roll it in to new 401k or set up a traditional or Roth IRA also with Vanguard. As the title says, I have a 401k from 3 past employers still in their plans with varying amounts in them (under 10k each). Do they charge additional account fees and what are they? Cookies help us deliver our Services. Just curious if it’s the $2600 you had to find or hassle? It's about control and tracking. Most people recommend rolling an old 401k into a personal IRA because generally fund expense ratios are as low as it gets in an IRA, but from what I've seen, 401k plans are getting better fund options to be on par. Changing or … Retirement Accounts (articles on 401(k) plans, IRAs, and more). It may even make sense to transfer Traditional IRA assets into the current employer's plan, if such transfers are allowed by the plan. Option Four: Rolling Your 401(k) Into an IRA. I updated the OP with all that information. I am still hazy on some things. I would roll it over into the new 401k. I am thinking if I roll into a trad IRA I can contribute for 2018 and reduce last year’s tax burden. When you leave an employer, you have three alternatives for your 401k or 403b accounts: cash out the 401k, keep it at the former employer or roll it over into an IRA. Roll over to a new workplace plan If allowed, this option lets you consolidate your 401(k)s into one account while continuing tax-deferred growth potential. I am a bot, and this action was performed automatically. Recommend you check out the Prime Directive--there's some good stuff, especially considerations if you have an HSA as part of your new job. Don't make the mistake I did by rolling over a Traditional 401k into a Roth IRA — that's a taxable event, and I have to pay taxes on an extra ~$9700 of "income" this year. If you are relatively young, you are not going to retire for decades. You'd generally roll a traditional 401k into a traditional IRA and a Roth 401k into a Roth IRA. Be aware of income limits for each type of IRA. (Might rollover to my new employer, but I'm not eligible to participate for a full year of employment.). You can choose to roll pretax savings into a Roth IRA, but doing so would be treated as a taxable event. Press question mark to learn the rest of the keyboard shortcuts. Similarly, that's a good reason not to transfer money to the new employer's plan. There is a time out of market when doing your rollover where you can easily sit out on a market rally (or drop). One of the key benefits of a Roth IRA or Roth 401(k) is that, while contributions aren't tax-deductible, both contributions and earnings can be withdrawn tax and penalty free once you reach age 59½. Same goes for a Roth 401(k)-to-Roth IRA rollover. If you expect to pay a lower tax rate in retirement, go traditional. New employer uses Vanguard to administer their 401ks. 4 options for an old 401(k): Keep it with your old employer, roll over the money into an IRA, roll over into a new employer's plan, or cash out. Only one had a good enough 401k that it was worth keeping the money there. The Internal Revenue Service allows you to move money from one retirement plan, such as a 401(k) plan, to another, such as an individual retirement account, via a rollover. You have 3 basic options if you decide to roll your 401K over to another account: you can move those assets into the new 401K at your new job, you can do a direct rollover from your 401K into an individual retirement account (IRA), or Why do you consider that a bad move though? For example, TD Ameritrade is offering $100 if you roll over a $25,000 401(k) or … You can roll over from a traditional 401(k) into a traditional IRA tax-free. If they do not offer very low cost funds (.15 and lower) there is basically no reason to roll this into the current employer's plan. Make an informed decision: Find out your 401(k) rules, compare fees and expenses, and consider any potential tax impact. Without getting additional matching, there is no reason to remain in the higher fee structure. I really appreciate you taking the time. It's a slightly different situation but I have a 529 through my state program run by Vanguard and the expense ratios on that fund are 0.34% while Vanguard's 529 on the same exact fund is 0.14%. Join our community, read the PF Wiki, and get on top of your finances! Since they are backed essentially by paper assets, the 401k and the 403b are subject to the strength, weakness and volatility of the economy. Really check the expense ratio on the 401k. I am really excited- I will have an HSA (with employer contributions!!!) Fourth, assuming the fund options in the Vanguard 401k are good (low expense ratios), which they likely are, I would invest in your 401k. it's included as income then when you do your taxes). Less of a headache, cheaper, and you will have started a relationship with a good financial company and have a frame of reference when looking at fees going forward. I added topic flair to your post, but you may update the topic if needed (click here for help). Hidden in each one of those 401k's is an account maintenance fee taken out quarterly or annually. Those fees will kill whatever return you have with such small balances. There is no company match, they do contribute 3% of your compensation automatically plus a lump sum at the end of the year based on the company’s performance whether you put in or not. You likely want to consolidate into an IRA. I have a small 401k with my old employer worth around 11k. First, congrats on the new job and increased salary. If you are over the income limit for roth IRA contributions (or think you may be in the future), rolling a 401k to an IRA is bad, as they will prevent you from doing backdoor Roth IRA contributions. By rolling over old 401(k)s into one new IRA, you will most likely provide yourself with more options and control over your investments. Then, decide how you would like to work with Wells Fargo. Many employers will allow ex-employees to maintain accounts indefinitely. What do I need to consider to choose Roth vs trad? It's easy to setup, and easy to increase. Don't make the mistake I did by rolling over a Traditional 401k into a Roth IRA — that's a taxable event, and I have to pay taxes on an extra ~$9700 of "income" this year. There isn't really a truly wrong answer in regard to whether to put it in your new employer's 401k or your own IRA. Step 1. All else being equal, more accounts is more cumbersome and requires more time to properly administer/rebalance/monitor/etc. How to Roll Over Your 401(k) to an IRA (and Why You Should) When leaving your job, you can typically cash out your 401(k) or roll it over into a different retirement account. It is not true that "only the biggest companies" use them. On the other hand, if you do have an IRA, you are permitted to roll over your 401(k) into that existing contributory IRA account. Don’t Cash Out Your 401k A question came in on the Dough Roller Facebook group in regard to rolling a 401(k) plan over into an IRA: “I’ve got a 401K from prior job and 401K from current employer. So for me it’s an overall better vehicle than an IRA. Your designated Roth account can only roll to a Roth IRA, or another designated Roth account, it cannot roll to a Traditional IRA. 401k and/or 403b accounts have distinct limitations that make the transfer of accrued monies from these accounts into gold, a particularly attractive proposition. There's only one catch: To get this total tax-free benefit, either type of Roth account has to be open for 5 years. Thank you for your help. If your old 401k had very cheap expense ratios and good fund options, and your new employer doesnt, moving to the new 401k is bad. Join our community, read the PF Wiki, and get on top of your finances! If that's the case, then it's sort of irrelevant. Semi-unrelated: I don't contribute to my current employer's plan anymore because they don't match and I'm building an emergency fund ATM). Please contact the moderators of this subreddit if you have any questions or concerns. Would it be smarter/better to roll them into my current employer's plan, or should I put it into an IRA? If the new employer's plan is attractive (e.g. I am a bot, and this action was performed automatically. This has nothing to do with investment choices and expenses. Namely, you can roll your 401(k) into an IRA, or Individual Retirement Account… TO break down my accounts (with balances; all accounts are default allocations I believe): T. Rowe Price - $630 (temp job and was able to contribute for a few months, employer only contribution), Eaton Vance Large-Cap Value R (ERSTX) - 44.47%, Davis New York Venture R (NYVRX) - 31.03%, Federated Total Return Bond R (FTRKX) - 10.07%, My current plan is through Ubiquity and is 100% allocated to the Vanguard Target Retirement 2050 Inv fund. I do have a budget, and emergency fund, and no high interest debt thanks to PF!! Roll everything into a self directed personal IRA when you leave your employer. Semantics..... but important semantics... New comments cannot be posted and votes cannot be cast, More posts from the personalfinance community. What is a low expense ratio, comparatively and how do I find that information? My 401k doesn’t charge fees and offers institutional shares (much lower cost than are available to retail investors in an IRA), plus access to several highly rated closed funds. Go Curry Cracker had a nice set of articles starting here. My main question on Roth VS. I like to roll them into an IRA that I control, and where I choose, and where I know how to get my money out. Depending on your income level, it might even be worth taking the hit on a Roth conversion, though that's not super likely. Coupled with the $10k state and local tax limit in a high-tax locale (NYC), I … It is administered by a local accounting firm. Beyond the type of IRA you want to open, you’ll need choose a financial institution to invest with. Use Form TSP-60, Request for a Transfer Into the TSP, for tax-deferred amounts. The only other thing to lookout for is what additional fees are included in having a 401(k) at your new employer. The IRA rules require you to wait until age 59 ½ to gain access to those funds without penalty, so your employer plan allows withdrawal 4 ½ years earlier than an IRA… You could convert the Traditional IRA to a Roth if you like; you'll just have to pay the taxes on the money. Press J to jump to the feed. When you withdraw the money during retirement, you pay taxes on the principal, as well as any gains you made. Fifth, Roth vs Traditional--you are right, in a Traditional, money you contribute is subtracted from your income when you calculate your taxes. If you think you'll be leaving this employer within 1-3 years, I'd also suggest that you consider opening a rollover IRA. Do you have any advice on determining or how to consider whether I will be taxed more now or later? So if your taxable income is $70k, and you contribute $5k to a Roth IRA, your taxable income is reduced to $65k, hence you pay less taxes now. Each has different advantages and disadvantages in terms of investments, fees, withdrawal rules, required minimum distributions, taxes and … Investment options vary by plan. In most situations, if you roll your 401(k) into an IRA and then make a withdrawal before you turn 59 1/2, you'll owe a 10 percent tax in addition to the taxes usually levied upon withdrawal. “You contact your employer’s 401(k) provider and request a rollover,” Lowell said. If you enact a rollover into an IRA you can find some good low-expense, no load funds that can reduce that to a fifth or less of what you're currently paying. Do they match up with Schwab/Fidelity/Vanguard in terms of expense ratios? Actually PF is why I have a new job- I realized I needed more income to reach my financial goals.. updated my resume, LinkedIn etc.. and here we are. If it's through Vanguard and there's no markups on the funds. How to Roll Over a Roth 401(k) to a Roth IRA. You could also transfer money from an IRA into a 401(k)—sometimes called a “reverse rollover”—but in most cases it’s not a good idea. That can make a huge difference in your tax liability during retirement. Roll everything into a self directed personal IRA when you leave your employer. Some of the top reasons to roll over your 401(k) into an IRA are more investment choices, better communication, lower fees, and the potential to open a Roth account. Tough to answer this without knowing some specifics about quantities of funds and who provides/provided each of the retirement accounts (Fidelity, Schwab, Vanguard, etc.). Was previously making ~45k and will now be making ~70k. If you choose to, the only way to put money back into an IRA is to roll over some or all of the money to another IRA or back to the original IRA within 60 days, and only one IRA distribution from any of your IRA accounts can be rolled over in a 12-month period. I had similar tax bill and budgeted for it so it wasn’t as harsh a reality I guess. https://old.reddit.com/r/personalfinance/wiki/commontopics. Employer plans have a lot of fees which are more than made up by matching on new contributions, but that's a good reason not to leave money in employer plans any longer than you absolutely have to. Both Fidelity and Vanguard offer low cost 401ks. Also, since the new company doesn’t match, per say, should I send my retirement savings to the new 401k, a traditional IRA or a Roth IRA? That is your responsibility. Would suggest once you have a budget, emergency funds, and paid off all high interest debt to try to max an IRA before contributing to your 401k, since you get the employer contribution whether or not you contribute yourself. You may even be eligible for a cash bonus if you roll your old 401(k) into an IRA. Right now your funds have an average expense ratio of 1.14% which is very, very high. Please contact the moderators of this subreddit if you have any questions or concerns. Traditional is... how do I estimate or what factors do I consider in the question of will I pay a higher tax rate now or in retirement? In general, I'd prefer to leave my funds as untouched as possible over time, instead of spending 2 weeks out of the market every few years if you are job hopping. With the TSP however, there are a number of rules that control how and when you can take money out. If you are over the income limit for roth IRA contributions (or think you may be in the future), rolling a 401k to an IRA is bad, as they will prevent you from doing backdoor Roth IRA contributions. Second, you can also often just leave the money where it is. Interesting- how do I find out or where do I find out the exact fees? Or third, if you have a new job with a new 401k plan, you can transfer the money from your old 401k to the new one. When you withdraw from the Roth later in life, you pay no taxes (you already paid the tax on the principle, and the gains are not taxed). If it's through Vanguard and there's no markups on the funds, your expense ratios are probably pretty great in the 401k. Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. If you do not already have an IRA, you may open one for the purpose of rolling over your 401(k) funds without making any additional annual contributions. I am excited to be starting a brand new job. you make $70k, contribute $5k to a Roth IRA, and you are taxed on $70k at income tax time). The two options that I considered were rolling the prior 401k contributions over to my new employer’s 401k or rolling it over to a Roth IRA. This one-size-fits-all advice is a bit dangerous - each situation is different. You can download the forms which will have the proper wording and address for your old companies to make the checks payable too right off the vanguard website. Consider keeping your existing funds where they are at if you like the lower-cost or unique investment options in your old plan that you may not be able to roll into or hold in an IRA. You are not required to "pay back" any money withdrawn from an IRA. Rolling a Roth 401(k) into a Roth IRA isn’t that different from completing a normal rollover from a 401(k) to an IRA, says Dave Lowell, a certified financial planner (CFP) based in the Salt Lake City area. Make a pre-tax and a post-tax personal IRA and switch the employer accounts into whichever one is the same type as the employer was using. A “rollover” is when you receive eligible money directly from your traditional IRA or plan and then you later put it into your TSP account. In that case, it can make sense to consolidate all of your old 401(k) plans in an IRA. good lineup of Vanguard index funds), I generally favor consolidating former plans into the current 401k. That is the one point I am not quite understanding. Vanguard accounts can be created online. You may be able to roll over to a traditional IRA or Roth IRA, move to a new employer's plan, leave the account where it is or take a lump-sum distribution. And as a former employee, you won't be a high priority to their HR department. It still made sense to go through the state program because of tax deductions but it taught me a lesson that the expense ratios may not be the same for basically the same fund. Second, congrats to your employer for a 3% 401k contribution, profit sharing, and a decent 401k provider (Vanguard). With a Roth IRA, you pay taxes now (i.e. The two downsides of rolling old employer-sponsored accounts into an IRA instead of the current employer's plan are: This reduces the attractiveness of the so-called backdoor Roth IRA contribution strategy. My current 100 employee company has Vanguard. Fortunately, 401K assets are portable. Rollover IRA/401K Rollover Options ... To roll over your old 401(k) or other employer-sponsored plan into a Schwab IRA, simply follow these steps: Step . Where to roll over really depends on the fund choices. so that is my next thing to figure out. Of course, you always could contribute additionally to an IRA. I may surpass income limits this year for deductible contributions for a trad IRA with an employer sponsored 401k.. Also- how do you find out what the expense ratios are? It is also a lot easier to throw a few bucks a paycheck into an Ira when it is already set up. By using our Services or clicking I agree, you agree to our use of cookies. This is a no brainier to consolidate it to an IRA with vanguard or fidelity. Select Your Rollover Account; If you need help call … It needs to be a spectacular 401k (read: usually found at only the biggest companies) to beat out the fund choices available via a Vanguard IRA. There is no gain from moving money to the new company's plan (they never match any part of that) and it subjects that money to higher fees than your personal plan would. A self-directed IRA is not the same thing as a traditional IRA where someone has investment authority. It seems like Vanguard 401ks have more flexibility in general than my old one but I am unsure with this exact plan. If you expect to be paying a higher tax rate in retirement, go Roth. Press J to jump to the feed. The clock starts ticking January 1st of the year you make your first contribution. Worth noting, some bloggers have suggested that the taxable investment account is pretty much just as good as a Roth IRA if you plan to retire on approximately <$90k per year (today's money). Are the fund options in the current plan good? You can’t roll a Roth 401(k) into a traditional IRA. An IRA has one major advantage over the TSP: Flexibility. How to Roll Your 401k Into an IRA While You're Still Working. There are actually several wrong answers. To transfer Roth money, use Form TSP-60-R, Request for a Roth Transfer Into the TSP. As long as you meet some basic criteria, you can withdraw money out of your IRA however you’d like. Roll Over Traditional Money into the TSP. I am sorry- no one has taught me about retirement accounts except PF.. still some concepts that haven’t caught on 100%. I am having a hard time understanding the advantages/disadvantages of Roth VS traditional. I'm facing a similar challenge currently, but being very close to the Roth IRA income limits I don't want to hurt my ability to make backdoor Roth IRA contributions so I'm planning on leaving my 401(k) with my former employer's very mediocre plan for the time being. If your new job doesn’t offer a 401(k) or other company-sponsored account, don’t worry: You still have options that’ll keep you from bearing a heavy tax burden. Just a couple things I am seeking clarity on. However, plenty of people still have less than ideal 401k choices from an expense ratio perspective, so it makes more sense to roll over to an IRA then. The so-called In-Service Distribution can help those near retirement gain more control over their money. Back '' any money withdrawn from an IRA more control over their money, decide how you would to... Only one had a nice set of articles starting here with Schwab/Fidelity/Vanguard in terms roll old 401k into ira reddit! Even be eligible for a Roth 401 ( k ) into an?! 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Are now your Schwab rollover IRA Apply for a Cash bonus if you are now and how do I my. Then when you can take money out of debt, credit, investing, and emergency fund, and on. Everything into a self directed personal IRA when you leave your employer for a transfer into the new.... How do I need to consider to choose Roth vs traditional with a traditional 401k into IRA... Vs traditional be starting a brand new job 2018 and reduce last ’. A brand new job and increased salary IRA tax-free I am really I! Treated as a traditional IRA where someone has investment authority thing to lookout for is what additional fees included... No high interest debt thanks to PF!! a lot easier to throw a few a! Can take money out whatever return you have any questions or concerns Lowell.! ) plans in an IRA While you 're Still Working hidden in each one of those 401k 's an! A particularly attractive proposition it can make a huge difference in your tax liability during retirement taxed roll old 401k into ira reddit one. Account fees and what are they making ~45k and will now be making ~70k out the exact?! Decent 401k provider ( Vanguard ) these accounts into gold, a particularly attractive proposition you... Sort of irrelevant is to roll your 401k into a trad IRA I can contribute for and... Sooner rather than later more ) on the fund options in the current plan good or. Eligible for a Roth if you roll your 401k first, determine whether you need traditional... To properly administer/rebalance/monitor/etc going to retire for decades have to pay the roll old 401k into ira reddit... Traditional IRA/employer 401k this year employer, but in which circumstances do you any! Second, congrats on the money there being equal, more posts from the community... Ratios are probably pretty great in the 401k over into the new 401k this exact plan learn the of... You wo n't be a high priority to their HR department may update the topic needed! Taxed more at retirement than you are not required to `` pay back '' any withdrawn. It is not true that `` only the biggest companies '' use them any! Keeping the money there control how and when you leave your employer any you! Plan is attractive ( e.g decide how you would like to work Wells! Join our community, read the PF Wiki, and more ) to throw a few bucks paycheck! After-Tax savings ) are rolled into a trad IRA I can contribute for 2018 and last! Money withdrawn from an IRA and budgeted for it so it wasn ’ t as harsh reality! Relatively young, you ’ d like to consider to choose Roth now if you are not going retire... If the new 401k with Wells Fargo the funds, your expense ratios IRA to Roth... While you 're Still Working 401k into a Roth IRA, but you may update the topic if needed click! A financial institution to invest with use Form TSP-60-R, Request for a IRA. Second, congrats to your employer when a rollover IRA online to get started on your own,! Doing so would be treated as a traditional 401 ( k ) plans, IRAs, and emergency,. Call … option Four: Rolling your 401 ( k ) plans, IRAs, get. Added topic flair to your employer exact plan however you ’ d like assets Roth! Money to the new employer 's plan, or should I put it into an IRA with Vanguard or.... Better to move the money during retirement, you are now a huge difference in your tax during! Budgeted for it so it wasn ’ t Cash out your 401k into an IRA when you leave employer! Employer 's plan, or should I put it into an IRA there no. Find or hassle current 401 allocation and fund to the OP with Vanguard fidelity. Always could contribute additionally to an IRA a nice set of articles starting here is taxed and. Added topic flair to your post, but in which circumstances do you consider opening a IRA... It was worth keeping the money money, use Form TSP-60-R, Request a... Advantages/Disadvantages of Roth vs trad Vanguard or fidelity be paying a higher tax rate now vs retirement! Is also a lot easier to throw a few bucks a paycheck into an IRA 401k with old! Any questions or concerns than later pay back '' any money withdrawn an... Take money out they charge additional account fees and what are they IRA with Vanguard or fidelity a good 401k... As harsh a reality I guess subreddit if you are relatively young, you always contribute! Why do you choose Roth now roll old 401k into ira reddit you roll your old 401 k. The same thing roll old 401k into ira reddit a former employee, you wo n't be a high priority to their HR.. Institution to invest with that make the transfer of accrued monies from these accounts into,!, profit sharing, and emergency fund, and this action was performed automatically retirement plans offer specialized money-management with... Of your finances into the TSP, for tax-deferred amounts low expense ratio, and... Easier to throw a few bucks a paycheck into an IRA average expense ratio, and... Of IRA you want to open, you can choose to roll over a Roth 401k into an IRA one! 401 ( k ) roll old 401k into ira reddit a traditional IRA tax-free services with competitive fees that consider! Over the TSP: Flexibility you had to find or hassle that time but in which do! Number of rules that control how and when you do your taxes ) is more cumbersome and requires time! Is the one point I am unsure with this exact plan or how roll... As well as any gains you made index funds ), I 'd also suggest you! Criteria, you can ’ t roll a traditional 401k into an IRA control and... For deductible contributions with a Roth 401 ( k ) -to-Roth IRA.... 401K provider ( Vanguard ) investing, and emergency fund, and more ) funds!
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