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Member Since: 5/31/2008

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I am 64 and considering rolling over my 401K to a Roth IRA. Is this a good idea and what are the sticking points?

The 401K amount is $500K Can I pay the taxes out of the 401K money? Are there tax consequences i.e. my current tax rate is 11%. Is that what I would have to pay for taxes on the rollover? I expect my taxes...

Open | Asked 539 days ago by Sonnet369 | Category: 401k | 199 Views | Answer Question Now