o**i
发帖数: 13 | 1 Here is my infomation.
1. not qualify to conribute to roth ira
2. try to take advantage no income limit for
roth converstion in 2010. so I hope I can
contribute to nondeductable ira then convert to roth
3. have old ira which I don't want to convert and pay big tax.
is this a good strategy?
1. convert existing ira to my current 401K
does it count to my 2010 contribution limit?
2. contribute ira then convert it to roth.
pay almost 0 tax
any problem with this? thanks a lot |
s******d
发帖数: 323 | 2
i don't see a problem as long as your 401k take it. and it's probably
called rollover from T-IRA to 401k, not conversion.
【在 o**i 的大作中提到】
: Here is my infomation.
: 1. not qualify to conribute to roth ira
: 2. try to take advantage no income limit for
: roth converstion in 2010. so I hope I can
: contribute to nondeductable ira then convert to roth
: 3. have old ira which I don't want to convert and pay big tax.
: is this a good strategy?
: 1. convert existing ira to my current 401K
: does it count to my 2010 contribution limit?
: 2. contribute ira then convert it to roth.
|
t***s
发帖数: 4666 | 3 you cannot do that. unless it was a conduit ira, you cannot roll it
over to 401k
【在 o**i 的大作中提到】
: Here is my infomation.
: 1. not qualify to conribute to roth ira
: 2. try to take advantage no income limit for
: roth converstion in 2010. so I hope I can
: contribute to nondeductable ira then convert to roth
: 3. have old ira which I don't want to convert and pay big tax.
: is this a good strategy?
: 1. convert existing ira to my current 401K
: does it count to my 2010 contribution limit?
: 2. contribute ira then convert it to roth.
|
m**********w
发帖数: 4161 | 4 yes, this is the best strategy. otherwise u need to pay tax.
【在 o**i 的大作中提到】
: Here is my infomation.
: 1. not qualify to conribute to roth ira
: 2. try to take advantage no income limit for
: roth converstion in 2010. so I hope I can
: contribute to nondeductable ira then convert to roth
: 3. have old ira which I don't want to convert and pay big tax.
: is this a good strategy?
: 1. convert existing ira to my current 401K
: does it count to my 2010 contribution limit?
: 2. contribute ira then convert it to roth.
|
s******d
发帖数: 323 | 5 http://benefitslink.com/modperl/qa.cgi?db=qa_401k&id=78
Prior to the passage of EGTRRA, IRA rollovers to a 401(k) plan were more
limited. Rollovers were allowed from a sometimes-called "conduit IRA." Under
the pre-EGTRRA law, if the entire IRA was attributable to a rollover from a
Code Section 401(a) plan or 403(a) annuity plan, it generally could be paid
into another such plan or annuity. (Code Section 408(d)(3)(A), prior to
amendment by EGTRRA.) Note that EGTRRA also affected related tax provi
【在 t***s 的大作中提到】
: you cannot do that. unless it was a conduit ira, you cannot roll it
: over to 401k
|
t***s
发帖数: 4666 | 6 so what's the new rule?
Under
a
paid
provisions.
【在 s******d 的大作中提到】
: http://benefitslink.com/modperl/qa.cgi?db=qa_401k&id=78
: Prior to the passage of EGTRRA, IRA rollovers to a 401(k) plan were more
: limited. Rollovers were allowed from a sometimes-called "conduit IRA." Under
: the pre-EGTRRA law, if the entire IRA was attributable to a rollover from a
: Code Section 401(a) plan or 403(a) annuity plan, it generally could be paid
: into another such plan or annuity. (Code Section 408(d)(3)(A), prior to
: amendment by EGTRRA.) Note that EGTRRA also affected related tax provi
|
