Is there any advantage to rolling my 401k into a rollover IRA instead of my existing traditional IRA?
Sunday, July 20th, 2008
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
