Comments on: Considering Rollover My 401(k) http://www.thesunsfinancialdiary.com/personal-finance/considering-rollover-my-401k/ Fri, 03 Feb 2012 17:42:24 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: MoneyNinghttp://www.thesunsfinancialdiary.com/personal-finance/considering-rollover-my-401k/#comment-21668 MoneyNing Thu, 06 Sep 2007 05:24:03 +0000 http://www.thesunsfinancialdiary.com/personal-finance/retirement/considering-rollover-my-401k/#comment-21668 Oh you should also the fact that having a traditional IRA adds more maintenance to your portfolio since you have one more account to that shares your overall investments. Oh you should also the fact that having a traditional IRA adds more maintenance to your portfolio since you have one more account to that shares your overall investments.

]]> By: MoneyNinghttp://www.thesunsfinancialdiary.com/personal-finance/considering-rollover-my-401k/#comment-21667 MoneyNing Thu, 06 Sep 2007 05:23:01 +0000 http://www.thesunsfinancialdiary.com/personal-finance/retirement/considering-rollover-my-401k/#comment-21667 It's probably worth it to wait regardless since the penalty will hurt performance up front and 2010/2011 also lets you split the taxes associate with the conversion. Of course you should do the math to weigh your options. It’s probably worth it to wait regardless since the penalty will hurt performance up front and 2010/2011 also lets you split the taxes associate with the conversion. Of course you should do the math to weigh your options.

]]> By: Lazy Manhttp://www.thesunsfinancialdiary.com/personal-finance/considering-rollover-my-401k/#comment-21645 Lazy Man Thu, 06 Sep 2007 00:13:08 +0000 http://www.thesunsfinancialdiary.com/personal-finance/retirement/considering-rollover-my-401k/#comment-21645 This is tricky. If you contribute to a traditional IRA because you can't do a Roth IRA, you might want to wait until 2010 before you do a rollover. See this post at <a href="http://www.thedigeratilife.com/blog/index.php/2007/08/31/to-rollover-or-not-to-rollover-to-an-ira-that-is-the-question/" rel="nofollow">The Digerati Life</a>. Specifically you want to look at the, "when not to rollover a 401k" part.I'm in a similar situation, so I'd be curious to hear your opinion. I haven't gone as far to get start a traditional IRA, so I'd have no problem now. However, in the next couple of years, if we're ineligible for a Roth IRA, I might want to start a traditional IRA. This is tricky. If you contribute to a traditional IRA because you can’t do a Roth IRA, you might want to wait until 2010 before you do a rollover. See this post at The Digerati Life. Specifically you want to look at the, “when not to rollover a 401k” part.

I’m in a similar situation, so I’d be curious to hear your opinion. I haven’t gone as far to get start a traditional IRA, so I’d have no problem now. However, in the next couple of years, if we’re ineligible for a Roth IRA, I might want to start a traditional IRA.

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