The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Re: ROTH 401K to ROTH IRA||Date: 8/16/2013 3:21 PM|
|Author: TMFPMarti||Number: 119019 of 125217|
This brings up the question to what happens if your 401k is a mixture of traditional 401k contributions and Roth 401k contributions.
You may not see it in your periodic statements, but you actually have three accounts:
1. Roth contributions and earnings on them
2. After-tax contributions
3. Pre-tax contributions and all non-Roth earnings
1 you roll into a Roth IRA.
2 you can roll into a traditional IRA or take a tax-free distribution.
3 you roll into a traditional IRA.
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