Retirement tax questions


@bhJogdt wrote:

Hello, Thanks for the good insight of how to manage traditional and Roth and how it taxed.

Just one question to came in mind if I can do traditional rollover any other type of retirement plan rather than converting to Roth that could offer by the any brokerage firms? 


This chart shows what kinds of rollovers are allowed, depending on the source.

https://www.irs.gov/pub/irs-tege/rollover_chart.pdf

 

https://www.irs.gov/retirement-plans/plan-participant-employee/rollovers-of-retirement-plan-and-ira-...

 

However, when you have a mixture of deductible and non-deductible money in your traditional IRAs, you have a bit more to be careful about what kind of rollovers you do. For example, if you want to rollover your IRA into a 401k at a new employer, you can't choose to just rollover the deductible portion.

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