I rolled-over my pre tax 401k when i left my job to roth IRA (just a mistake happened due to a lack of my knowledge and miscommunication with Vanguard). Now my roth IRA has a big amount of:( and Vanguard couldnt help convert it back. What should i do? Can you please advise? What you would do? Thank you in advance!
@itsme7285
4 ай бұрын
something that isn't clicking for me - I make more than the IRA limit so I do the backdoor Roth situation. Sounds like rolling over into my traditional IRA is not a great idea from this video due to Pro-Rata. Is that right? 2nd question - How am I able to roll over $35,000 into a IRA when the limit is 7k?
@eddievigil6391
Ай бұрын
Rollovers are not subject to contribution limits because it is a movement of assets, not new money.
@bstorm44
5 ай бұрын
You said, "Stop what you're doing". Weird prompt. I closed your video.
@ivando5372
4 ай бұрын
can I just keep the rolled over IRA separate from my current 401k? This way I have multiple accounts
@kimr.9906
8 ай бұрын
You explained this very well. from: wtf is everyone talking about lol.
@JesusGonzalez-hh4iz
8 ай бұрын
How much can I roll over from my employer traditional ira to my personal roth ira? Thanks
@ianscianablo8507
Жыл бұрын
Hey Tony. Any choices for me? I'm leaving my Walmart job for a MUCH better paying job. I always wanted a ROTH IRA but I currently have an outstanding 401K loan. Any options? I can't afford to pay off the whole loan before I switch jobs. I thought I could work one full day a week in pathetic hopes that Walmart/Meril Lynch won't pay back my loan by butchering my 401K "vested" balance and kill me with a taxable event. What can I do to avoid this? Any thoughts? I don't think Merril Lynch will let me still make paycheck bi weekly payments on my loan, like I do now as a full time Walmart employee. Help!
@wealthfrontvideos
Жыл бұрын
Unfortunately, that depends on the company plan so you'll need to reach out to them directly.
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