So I have been presented with a financial quandary of recent… I have an old 401k from a previous employer and a Roth IRA that I’ve moved to the same brokerage company. Whether or not to roll the 401k (now acting as a traditional IRA) into the Roth is the question.
I haven’t sought any official counsel on the subject yet but thought I would ask the advice and opinions of those reading first… Would love to hear from any with a similar experience, or an accounting/investing background.
The ultimate issue is: pay the taxes now or upon withdraw which is some years away.
Thanks for your help!
Filed under: 401k, IRA, Investing, retirement
