Re: 401k and IRA question.

marckassay@[EMAIL PROTECTED]
 wrote:


> What is the best way to rollover my 401k into an IRA or a Roth IRA if
> possible?  I understand that there is a direct rollover plan but I am
> unsure if I can use this to rollover in an IRA and Roth IRA.  And what
> about the fact I started this 401k this year in January, does that
> matter?

You can only roll over a 401(k) after you leave a job. It sounds like
you're still with that company.

> Also is it common to see in ones ****tfolio an IRA and Roth IRA?  I am
> thinking about doing this because I don't know if I would want the tax
> deferred or exempt; which seems to me it's like having one foot on ice
> and the other on fire.

Would a traditional IRA be deductible for you? If not, then it's no
question, the Roth would be better.




Brian

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