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Home financial budget Financial Planning financial planning process money saving ideas A Couple of 401k's Doing Nothing For Me... Roll it over to a standard IRA or ROTH?

A Couple of 401k's Doing Nothing For Me... Roll it over to a standard IRA or ROTH?

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Sorry for this question that is probably asked often. I looked all over but couldn't find much info.

So as the title says, my wife has a couple of 401ks that aren't making any money and I want to know if it would be best to roll them over to a traditional IRA or a ROTH?

I am 47 and she is 43. What are the tax implications? We made roughly 100k last year.

I wish I had more details to give. Any help would be greatly appreciated.



Submitted August 18, 2020 at 09:01PM by MikeOxmaul https://ift.tt/3aD5QRP
financial budgetFinancial Planningfinancial planning processmoney saving ideas
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