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re: American middle class families must really not be saving any money.
Posted on 3/19/23 at 11:08 pm to deeprig9
Posted on 3/19/23 at 11:08 pm to deeprig9
quote:
So explain to me how I roll my trad ira into an employer sponsored 401k, then click three times and I have a funded Roth IRA without a tax penalty.
Roll your existing trade IRA balance into your 401k (no tax penalty)
Contribute to the now empty Trad IRA (no tax penalty)
Convert to Roth (no tax penalty)
1
Posted on 3/19/23 at 11:11 pm to JohnnyKilroy
quote:
Roll your existing trade IRA balance into your 401k (no tax penalty)
Contribute to the now empty Trad IRA (no tax penalty)
Convert to Roth (no tax penalty)
So I can take pretax investments and press buttons and turn them into post-tax investments without paying taxes?
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