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You wrote, You can transfer funds from an old 401k to the 401k of a new employer. I am not aware of transfer from an IRA to a 401K.

Transfers of Traditional IRA -> 401(k) are certainly possible. I did it 2 years ago. In fact I've gone both ways before.

It used to be that you had to have your TIRA funds in a special Rollover IRA. Those accounts could only accept funds from a qualified employer-sponsored retirement account. Direct contributions had to go into a regular TIRA. But Congress eliminated that requirement many years ago.

Also it sounds like Bong may also be asking so he can continue doing backdoor Roth IRA contributions when he goes back to work. That's exactly why I rolled my TIRA into my current 401(k).

Finally, As to better returns in the 401k, its usually easy enough to mimic the 401k components in your IRA. So transfer is not necessary.

My current employer has options that are equal to or better (lower expenses) than what I can get in an IRA. Part of the reason I hadn't made this move before is because all of my previous employer options sucked ... at least during the years I had enough excess savings that it mattered.

BTW Bong, I hope you understand you cannot make (backdoor or otherwise) IRA contributions in any year you have no earned income...? Investment income and retirement account distributions don't count.

- Joel
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