How to Rollover Your 401k Into a Roth IRA
If you are a baby boomer and you have either lost your job, left your job for a new one or retiring, then you have an important choice to make regarding your 401k plan. If retirement is here (Congratulations!) then the most common approach is rolling over the 401k into a traditional IRA. This process is very easy and allows you to continue the tax deferral process. With the AGI limits on Roth IRA conversion now being non existent in 2010, you now have the choice to do a direct rollover of your 401k into a Roth IRA. There, of …