Has anyone ever retired early, transferred a 401(k) to a traditional IRA, then recharacterized it to a Roth in the same year? I realize that the entire traditional IRA would be taxable when recharacterized to the Roth, but if you were able to get a significant increase in the Roth(especially in the first year), it might be better in the long run to pay the taxes up front.If you recharacterize it to a Roth, don't you have the option to change it back to a traditional IRA if you do it before year end?Anybody have any pertinent information or recommendations on references I can use?
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Rat