Message Font: Serif | Sans-Serif
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next
Author: mjrowland Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 25354  
Subject: 401K After Tax rollover to IRA Date: 6/12/2000 8:20 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
I apparently have a liberal 401K plan that will allow me to roll ALL my after tax account into a self directed IRA while not impacting my pretax account or the employer contributions. The after tax portion of my 401K is almost 1/2 of my total account when you include all the growth in the after tax money. My advisor suggests that I roll the after tax money into a self directed IRA. Once I do this I can then start doing a better job of managing the tax consequences that start popping up 15 years from now when I begin to take withdrawals. Being a fairly conservative investor, I currently have 30% or so of my portfolio in secure investments. I can see some advantage to rolling to a self directed if I took these after tax dollars and possibly purchased some tax exempt bonds.

Any thoughts?
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next


Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
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.
Post of the Day:
Macro Economics

Remembrance and Reflections
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
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.