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Rolled my after-tax 401K into a Traditinal IRA :(
Hi,
some years ago I rolled my 401K into my IRA, Traditional IRA. I had some after-tax allotments in the 401K which apparently disappeared because Traditional IRA's only deal with pre-tax. According to my brokerage I should have rolled the 401K into a Roth IRA instead, which does allow for after-tax contributions.
My fault, I didn't pay too much attention to the IRA at the brokerage because I was not going to make anymore contributions & planned on liquidating it at age 60.
I have 401K statements from Fidelity that clearly show the pre-tax vs. after-tax contributions. Is there anyway I can resurrect those lost after-tax contributions to my 401K - that now reside in my Traditional IRA?
Thank you
Topics:
May 13, 2020
8:53 AM