September 22, 2022

After-Tax contributions to 401k after rolling into TIRA

Hi all,I retired 5 years ago but only this year started rolling funds out of my Traditional IRA into a Roth. Suddenly I’m slamming right into the tax consequences and don’t feel at all prepared. I tried to search the forum to see if this question had already been answered but came up empty, sorry.…

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Saving at Work Through a 401K Plan – America Saves

1. Participate in Workplace Retirement Plans Find out if your employer offers a 401(k) plan or other such defined contribution retirement plan. If you aren’t already enrolled, do so immediately. If you are just getting started in your career, don’t make the mistake of thinking you’ll have plenty of time later to fund your retirement.…

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Withdrawing Roth IRA Contributions From 401k Rollover

I am looking to purchase a business and most of my money is tied up in retirement accounts. I’m exploring the idea of withdrawing some funds from a Roth IRA. I have about $70k in a Vanguard Roth IRA that is primarily from a 401k rollover from an old employer about 3 years ago. At…

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