The Motley Fool Discussion Boards

Previous Page

Financial Planning / Foolish 401(k)s

URL:  http://boards.fool.com/very-useful-info-thank-you-very-much-i-went-and-30731576.aspx

Subject:  Re: 55 year old rule Date:  6/12/2013  6:54 PM
Author:  whyohwhyoh Number:  25059 of 25265

Very useful info. Thank you very much.

I went and took a look at that small rollover IRA which started at $12,000 in 2003 is now $36,500, so gains would be decimated by a hefty fed+CA tax rate.

Maybe this is why my brain locked out the backdoor Roth option.

I'm going to look into the option to roll this into my 401k account. I have a very good 401k account since 1997 at my current company. Same account number, low cost stock trading, and mutual funds etc.

--
whyohwhyoh
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us