No. of Recommendations: 0
2. Direct rollover from 401(k)s into Roth IRAs. You still have to cough up for the taxes, so this may not be all that great a feature.

This will most likely be more worthwhile to younger folks who are not yet in high marginal tax brackets. If they leave a job, they can roll the (relatively) small 401(k) monies into a Roth. For an old geyser like me, with a (relatively) large amount in the 401(k) it makes no sense at all due to the tax treatment.

These changes (making it easier to save) tell me that the gov is really trying to impress upon younger folks the idea that saving for retirement is their responsibility. (IOW, they know SS is falling apart and hope that everyone else understands that's what's written between the lines.)


Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.