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Author: mutigers One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76074  
Subject: Changing jobs Date: 5/21/1998 2:02 PM
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I am changing jobs which is forcing my wife to also chage jobs (relocation). My wife has a retirement benefit cashout/rollover value of about $2600. If she cashes out she would have to pay a 20% penalty and the tax on the amount (not an option) so we would like to rollover the amount. My question is can we rollover to a Roth IRA and pay the tax on the amount over the next four years or are you even allowed to rollover employee sponsored retirement programs to a Roth IRA. Any information about our options would be helpful.

Thanks

mutigers
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