Anonymous
Not applicable

Retirement tax questions

Thanks a lot for the response. This is very helpful.

I guess if i have two choices:

- roll-in my rollover-IRA back to my present 401k, which leaves me with only 1 traditional IRA of 6000

- Just pay the tax on almost 6000 that is converted to roth. 

 

I will probably go with the latter,  may end up with a small tax bill on the 6000, but have more freedom to invest in IRA compared to company 401k plan.

 

Thanks again!