Message Font: Serif | Sans-Serif
No. of Recommendations: 0
I am changing jobs and would like to rollover my 401k into my IRA. My IRA is regular, with both pre- and post-tax contributions. My 401K also has a small amount of post-tax contributions. Any problems with this rollover? Can I add the amount of post-tax 401k to the post-tax basis of my IRA that I report each year on the 8808 form?

No problem with the rollover, but you'll have to take out the post-tax 401k contributions. They're not eligible for rollover into an IRA.

Print the post  


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.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.
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 Glassdoor #1 Company to Work For 2015! 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.