How can I rollover my Roth 401K from my old firm to my new firm’s traditional 401K plan?
I have a personal choice retirement account with Schwab that’s 20% Roth 401K and 80% Traditional 401K. I recently switch jobs and my new firm does not offer the Roth 401K. What are the consequences of rolling over? Can I recharacterize my Roth 401K as a traditional 401K and get back a larger tax refund?
Thanks for your help.
I have a personal choice retirement account with Schwab that’s 20% Roth 401K and 80% Traditional 401K. I recently switch jobs and my new firm does not offer the Roth 401K. What are the consequences of rolling over? Can I recharacterize my Roth 401K as a traditional 401K and get back a larger tax refund?
Thanks for your help.
And yes, there is such a thing called a Roth 401K and I am not confusing an IRA w/ a 401K.
Can AIG Valic charge a fee for a Rollover into a similar account with a different firm?
I worked in a school district and setup a 403b with AIG Valic. I am trying to roll that money into a rollover IRA with Fidelity. After talking to Valic, they have stated that they can do the transfer, but they will need to charge me a 5% fee because I have made a contribution within the last 5 years. Is this legal? Can they charge me 5% of the value of the money that I put in myself?
Which online brokerage firm do you suggest for a Roth IRA?
I recently opened a roth ira with e trade, but have been reading a lot about a potential bankruptcy. I know my money would be insured because I am only investing $2,500, but I am weary of a company that might start to perform poorly. Do you have any suggestions for a firm that has low fees on their IRAs? Is it possible to transfer my roth ira to another online brokerage firm?…Thank you!
Carlsbad financial services firm hits $1b mark: TASC serves as a custodian for self-directed IRAs.: An article from: San Diego Business Journal
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This digital document is an article from San Diego Business Journal, published by CBJ, L.P. on April 25, 2005. The length of the article is 827 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
Citation Details
Title: Carlsbad financial services firm hits $1b mark: TASC serves as a custodian for self-directed IRAs.(Finance)(Trust Administration Services Corp.)
Author: Mike Allen
Publication: San Diego Business Journal (Magazine/Journal)
Date: April 25, 2005
Publisher: CBJ, L.P.
Volume: 26 Issue: 17 Page: 3(2)
Distributed by Thomson Gale
I can’t seem to find any bank or investment firm that will open an IRA rollover account with after-tax funds?
Any suggestions?
I left the company I was with & requested the funds (some pre-tax, some after-tax) in my 401k be directly transferred to an IRA account with an investment firm. The 401k company directly transferred most of it, but the after-tax funds were sent to me. Although I was told they could be “rolled over” into an IRA account also, the investment firm said most companies aren’t set up to open IRA accounts where just the earnings are deferred & would be taxable, not the principal.. They said it’s too complicated when it’s time to withdraw?? This makes no sense to me….
What is a good investment firm to start an IRA with?
I want to start an IRA this year but Im unsure what investment firm to go with. I have used Fidelity in the past but had to remove the money. Any suggestions?
Can I open a SEP IRA (business retirement account) with a U.S. investment firm if I have a business in Mexico?
I am an American currently living in Mexico– have been since the beginning of 2006– and I’m about ready to open a business here. I have the bulk of my money (which is a very modest amount) invested in stocks/bonds/securities with a U.S. investment firm but am finding that I’m having to pay a lot of taxes each year on my earnings. I have no retirement acct yet, and need some kind of tax shelter (not to mention some security for the future!) I am told that I could contribute MORE per year with a SEP than with a regular Individual IRA account. If I can’t open a SEP IRA, then what would someone suggest I do in my situation?
