The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Re: roll roth ira into 401k? Date:  6/3/2001  10:16 PM
Author:  Mark0Young Number:  30048 of 103385

I have a roth ira from my previous job but now I have a new job with a 401k that matches 80%. Can I roll my roth ira into the 401k? I've just been letting it sit there for now...

Roth IRAs have nothing to do with former employers. As far as I am aware, you cannot roll a Roth IRA into an employer plan of any flavor.

The 80% match usually does not apply to money rolled into an employer plan from either a former employer's 401(k) or from a "conduit IRA" (a "rollover IRA" that was funded only by money from a previous employer's 401(k)), so the match is usually not a reason for rolling in money. The match usually applies only to money put into the employer's 401(k) from payroll deduction at that specific employer.
Copyright 1996-2021 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us