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re: Another Roth IRA Question

Posted on 8/2/13 at 5:53 pm to
Posted by Douglas Quaid
Mars
Member since Mar 2010
4098 posts
Posted on 8/2/13 at 5:53 pm to
Thanks. I already have a 401k through work which is my primary as well.

Have a cash account for active trading which I have had for years. Just opened a Roth and made my first purchase under it and was wondering if there are penalties for trading too much within it. Looks like the answer is no.
This post was edited on 8/2/13 at 5:54 pm
Posted by FootballNostradamus
Member since Nov 2009
20509 posts
Posted on 8/4/13 at 2:51 am to
quote:

Thanks. I already have a 401k through work which is my primary as well.

Have a cash account for active trading which I have had for years. Just opened a Roth and made my first purchase under it and was wondering if there are penalties for trading too much within it. Looks like the answer is no.


Why do you have two separate 401Ks? Does your company not allow you to convert your traditional 401K to a Roth?
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