Wednesday, December 30, 2009

Ira Rollover Rules 401k Rollover To Roth IRA For Married Couple Both Age 60, Does It Make Financial Sense?

401k rollover to Roth IRA for married couple both age 60, Does it make financial sense? - ira rollover rules

With the new regulation into force in March 2008, which allows a direct rollover IRA Roth 401k, could explain some light into this situation: A couple together for more than 60 files at a time and earn less money when he retired. Currently, both work and earn 100,000. When he was out of the proceeds will be 46,000. Has combined 300,000 in their 401k and I wonder whether it is logical to financial turnaround of the red IRA. Thank you for your help.

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