Andhravodu
Pilla Bewarse Username: Andhravodu
Post Number: 645 Registered: 04-2017 Posted From: 174.222.0.168
Rating: N/A Votes: 0 | Posted on Sunday, February 04, 2018 - 9:35 am: | |
Ntr_rocks:
401k to traditional ira no penalty. 401k to Roth ira, you'll have to pay taxes Also you cannot transfer 401k with current employer to an ira. You can transfer 401k opened with old employers Alternatively, for 2017 tax year, if your agi is less than 186000 for joint filing, you can contribute 5500 to Roth ira per person Ex: joint income 200k, 15k 401k contribution Agi in this case will be 185k, you can put 5500 to Roth ira from post tax money. No taxes, but no tax benefit either |