The Motley Fool Discussion Boards

Previous Page

Financial Planning / Foolish 401(k)s


Subject:  Re: Roth IRA Back Door Date:  8/10/2020  11:58 AM
Author:  CMF_Fuskie Number:  26305 of 26341

Your ability to roll over a 401k to an IRA after you leave a sponsoring employer is independent of your ability to directly contribute to the IRA.

Who notes that if you are no longer income-eligible for a Roth IRA contribution, you may fall into the highly compensated category with your employer's 401k plan, which might impact your contribution limits there as well, so he would check with your plan administrator to make sure you understand your options...

Ticker Guide: The Walt Disney Company (DIS), Intuit (INTU), Live Nation (LYV), CME Group (CME), MongoDB (MDB), Trip Advisor (TRIP), Vivendi SA (VIVHY), Mimecast (MIME), Hain Celestial (HAIN), Royce Micro Capital Trust (RMT)
Disclaimer: This post is non-professional and should not be construed as direct, individual or accurate advice
Disassociation: The views and statements of this post are Fuskie's and are not intended to represent those of The Motley Fool or any other sane body
Disclosure: May own shares of some, many or all of the companies mentioned in this post (
Fool Code of Conduct:
Invitation: You are invited to interactively watch Motley Fool Live online television:
Call to Action: If you like this or any other post, Rec it. Better yet, reply to it. Even better, start your own thread. This is YOUR TMF Community!
Copyright 1996-2021 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us