Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next
Author: John3haha Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121219  
Subject: Clarifying on the 401(k) Rollover Date: 4/1/2014 12:17 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 1
My thanks to everyone who has posted. I wanted to clarify a few things:

1. My 401(k) is with a soon to be former employer (tomorrow) which does offer options other than SP500. I have been comfortable picking stocks for some time but tend to use 401(k) money to dollar cost average into that index. I will have another employer and do this there.

2. I do not know if my current 401(k) employer has a brokerage window, and am not familiar with that term.

3. My intent is not to roll the money into a Roth. We have existing Roths now which aggregate maybe 17% of retirement funds.

4. The intent to start taking SEPPs from traditional IRAs is exactly the kind of thing I was thinking about. I hit 55 in under 7 years, so that window aligns with potential (relatively) early retirement.

5. We will have three kids in college for two years, probably 2015-16, and this might lead us to accelerate a little "harvesting" from retirement accounts. If we do this, I know Roth principal contributions are an option but would prefer to allow this to grow tax free if practical.

JohnH
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next

Announcements

Disclaimer:
In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Managing Your Wealth
Our own TMFHockeypop from Rule Your Retirement fame on the TV show Managing Your Wealth.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Value Hounds

Clorox Isn't Cleaning Up
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement