I have 55k (pre-tax) in a defined contribution plan that I need to rollover. I have an existing Roth IRA. Can I rollover the entire amount at once without worrying about contribution limits? How much should I prepare to pay in taxes? Would it be better to open a traditional IRA solely for this rollover to avoid a crazy 2019 tax bill. (I would still contribute solely to the Roth IRA unless my income meets Roth limitations). Thanks.
Submitted September 17, 2019 at 10:55PM by ummerrsomething https://ift.tt/32JNLME
