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Financial Planning / Foolish 401(k)s

URL:  https://boards.fool.com/thanks-for-the-replies-i-figured-id-have-to-get-18032409.aspx

Subject:  Re: 401k and/or IRA Date:  10/22/2002  6:32 PM
Author:  BuyLower Number:  15444 of 26270

Thanks for the replies. I figured I'd have to get a crystal ball, but wanted to be sure I'm not overlooking something obvious.

I currently contribute 16% to my 401k and 1.5% to a pension plan which is matched 100%, but I'm not sure that I'm enthralled with the choices of funds we get from Fidelity. I would probably reduce the 401k to the point of being able to max out a ROTH with the additional after tax income (which I would be able to choose any investments in).

This seems like a good course of action but I guess I'll check with my tax preparer to see if this would bump us up a bracket.

buylower

I have another old 401k that I never rolled over, I have contemplated conversion to a ROTH but was leary of the potential tax bill.
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