Leaving a job soon and I want to roll my 401k into my existing Roth IRA.?
Is there a tax consequence when rolling these funds over from the 401k plan to my Roth IRA.
My wife has an HSA with a $5000 deductible. I have an IRA account. Can I roll over my IRA to her HSA?
The maximum contribution to a single-person HSA is $3,000, and my IRA is worth more than that. I’ve read that the IRS allows a one-time rollover from an IRA to an HSA without taxes or penalties, but if it’s MY IRA and HER HSA, does that still qualify? Thanks. I have the IRA check in my hand, but I figured I’d check and make sure this is legal before I deposit it into her HSA. Thanks.
Will I be able to roll over my employee’s 401K to a Scottrade Roth IRA?
I opened a Roth IRA with Scottrade for the purpose of rolling over my previous employee’s 401K into my roth IRA however the representative told me I have to first open a traditional IRA and roll over my 401K into that and then move it into my roth IRA. This doesn’t make sense to me, has anyone ever had this happen to them?