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Financial Planning / Foolish 401(k)s


Subject:  Re: 55 year old rule Date:  6/12/2013  6:54 PM
Author:  whyohwhyoh Number:  25059 of 26127

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.

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