Is it a good idea, if even possible, to rollover my 401(k) Profit Sharing Plan, which also has a tiered vested schedule, to a Roth IRA?
Situation: I work for a company that has said plan above but because I haven’t been with the company long enough (under two years) i’m at 0% vested. I would become 100% vested after 6 years of service there.
I have been enrolled in the Roth 401(k) plan since the beginning of last year, and I’m trying to do research on whether it would be a good idea to transfer over those funds to be “slightly more liquid” in a Roth IRA? I make under $55k and am wondering it’s a good idea or not?
Submitted January 08, 2020 at 09:39PM by Substantial_Height https://ift.tt/2QAPK2D
