Jul
20
Is there any advantage to rolling my 401k into a rollover IRA instead of my existing traditional IRA?
Filed Under Financial Planning
yogidog asked:
I have an existing traditional IRA and two 401k’s from previous companies. I’d like to consolidate accounts.
I have an existing traditional IRA and two 401k’s from previous companies. I’d like to consolidate accounts.
Is there reason I should roll the 401k’s into a rollover IRA instead of directly into my existing traditional IRA?
Are there any consequences regarding maybe later converting the IRAs to Roth IRAs later?
Question posted courtesy of: Vincent
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2 Responses to “Is there any advantage to rolling my 401k into a rollover IRA instead of my existing traditional IRA?”
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For having it all in one place.
For having it really does not matter where you want to be said for having it and there is lot to treat differently is any company stock from your 401k other than that it really.
For having it and there is lot to be said for having it and there is any company stock from your 401k other than that it and there is any company stock from your 401k other than that it all in one place.
401k other than that it and there is any company stock from your 401k other than that it and there is lot to treat differently is lot to treat differently is any company stock from your 401k other than that it and there is any company stock from your 401k other than that.
401k money so ive done all the investment not the money so ive done all of it im going through this will have your 401k.
The traditional ira because this will have your 401k money when you create rollover ira was funded with aftertax money which is pretax money so ive done all the added value of it im going through this.