Question

 Can 401(k) money be transferred to a Roth IRA?

Answer The Internal Revenue Service has permitted rollovers from from 401(k) plans to Roth IRAs since Jan. 1, 2008. Because you are transferring money from a tax-deferred account, the 401(k) plan, to an a... Read More »
http://www.answerbag.com/q_view/2065463

Top Q&A For: Can 401(k) money be transferred to a Roth IRA

Does a roth 401k count as a holding period for a roth ira?

When you rollover money from a Roth 401k plan to a Roth IRA, the time in the Roth 401k does not count towards the five year requirement that must be satisfied before qualified distributions can be ... Read More »
http://www.answerbag.com/q_view/2000178

Can you have a Roth IRA& a 401k plan?

On One Hand: Not Mutually ExclusiveThe Internal Revenue Service does not restrict people to participating in either a Roth IRA or a 401k plan. As long as you have enough earned income to contribute... Read More »
http://www.answerbag.com/q_view/2013753

What is a Roth 401k plan?

Retirement is a portion of everyone's financial life, and your personal planning and preparation define whether this is a pleasant time in your life. There are many ways to help you save for retire... Read More »
http://www.answerbag.com/q_view/1902697

How do I transfer a 401k to a Roth IRA?

Is Your 401k Eligible?A 401k cannot be directly transferred to a Roth IRA. However, if you're looking for tax-free savings on your old 401k plan, there is a fairly simple indirect method, as long ... Read More »
http://www.answerbag.com/q_view/2067859


feedback
loading