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Financial Planning / Foolish 401(k)s


Subject:  Re: Convert from Traditional 401k to Roth 401k? Date:  11/23/2013  1:07 AM
Author:  Fuskie Number:  25165 of 26118

AJ, I was told by HR that the conversion was possible. Obviously, Fidelity will have the last word. I am 99% sure I won't be in the 28% tax bracket but am on the edge of 25%. I recognize there will be gains but I'm not expecting the combination of contributions and gains to be much more than $2000. It's just a round number to use. It sounds like the question needs to be put to Fidelity before exploring any options.

Who notes that is not what his HR person told him but if the matching contributions are in fact pre-tax he is not sure the effort will be worth it and instead will probably stick with his non-401k Roth IRA contributions...
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