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Author: TMFPixy Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75402  
Subject: Re: 401K to Roth Date: 9/3/1997 10:49 AM
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Greetings, Bsheets, and welcome to Fooldom.

<<Has anyone given consideration to the possibility if moving all or part of a 401K, my plan allows for a partial roll over to a self directed IRA,to a Roth. Of course you would need to do the math on the tax consequences to measure the benefit if any.

In my case I cannot make tax deductable contributions to my IRA's

A partial keeps the 401k open for continued deposit of both mine and company matching funds.>>

As long as your plan allows the transfer to an IRA, then this possibility should be open to you. We won't know the entire ramifications for tax purposes, though, until the IRS gets around to issuing its guidance in a few weeks. Come back along about Thanksgiving to Christmas when the rules are out, and you can get a better answer. Right now, all any of us can do is speculate. The IRS plays by different rules than the rest of us ordinary folk, so I (for one) am leery of saying anything's definite as far as the Roth IRA rules go.

Regards......Pixy
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