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Message
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Posted on 5/19/15 at 4:06 pm to tigersnipen
quote:
Roll it into an Traditional IRA - no taxes. Roll it into a Roth IRA - pay taxes on it.
why traditional? It seems that rolling into a roth has more benefits, such as tax free distributions.
I've also read that if I expect to be in a higher bracket when I retire, then I should rollover to a roth. I would think that I would be making more money at that age?
Someone please enlighten me!
I was looking on vanguard to roll over my 401k, which funds do I choose? I honestly have no idea.
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