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1: Nov 30, 15:54
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6: Nov 28, 09:42
7: Nov 27, 18:07
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Posts: 151
In response to
"
I don't have IRAs. I only have my 401K
"
by
ty97
So my plan would be
Posted by
ty97
Dec 26 '20, 14:42
open a traditional IRA
fund with 6000
open a roth IRA
once the funds settle into the traditional IRA, transfer them to the roth IRA account
That's really not taxable? Huh.
Responses:
As long as you haven’t already taken a deduction for the traditional IRA contribution, yes. -- nm*
-
znufrii
Dec 26, 15:37
I think most people suggest leaving it a week or so but I don’t 100% know it’s necessary.
-
spamlet
Dec 26, 14:43
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