I’m in a situation right now where I somehow have both after-tax and pre-tax dollars in my Roth 401(k) and it’s making the rollover process a pain in the ass (just left a job and am moving to another with much better pay).
It’s a very first world problem to have, but I clearly fucked up somewhere along the line and now get to sort through a wonderful scenario where even the slightest misstep results in a hefty tax bill. To top it off, the institution managing the old employer 401(k) refuses to do a direct rollover and wants to send me checks for the amount instead. Thanks Fidelity.
Pay attention to what kind of contributions you’re making when you set up your automated financial system. If I had paid a bit more attention over the past couple of years, I could have avoided this easily. That is all.
Submitted April 26, 2022 at 08:10PM by TrueMrSkeltal https://ift.tt/jOVPdT2
