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I've decided to open an account with Vanguard and rollover my 401(k) from a previous employeer into a Vanguard Traditional IRA account, and then convert that into Roth(s). I have roughly $16,000 in my old 401(k). When I start my Roth IRA I think I'll go with Vanguard's Target Retirement 2045 fund (VTIVX) (I'm 28). I'll use the 401(k) money to open two Roths, one for me and one for my wife, contributing 4k to each for 2005 and 2006. Can I open two Roths using the money from one Traditional?

Thoughts?

Will I, should I, be charged any fees for rolling my 401(k) into an IRA at Vanguard?

Thanks again!
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