Ask The Expert: Converting to a Roth

MOST USEFUL ANSWERS:

I turn 53 this month and have no other retirement fund other than a traditional 401(k). At my age, is there any point in starting a Roth IRA?
98 out of 134 people found this useful.
How much should you save every month in your Roth IRA?
133 out of 191 people found this useful.
I understand Roth contributions are not taxed when withdrawn, but what about the earnings?
105 out of 142 people found this useful.
When does my contribution for 2012 need to be in by?
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What's the penalty rate for withdrawing from a Roth before age 59.5?
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I am going to be able to take my pension in a lump sum right now, even though I am still working and will continue to work for 5 more years. Can I put the entire lump sum in a Roth IRA, or just the $5K plus the $1K catch up amount?
84 out of 136 people found this useful.
I am 75 years. Should I convert to a Roth IRA?
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Can one have a Roth IRA if they already participant in their employer's 401k retirement plan?
52 out of 79 people found this useful.
Can you have more than one Roth IRA?
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Are distributions required with a Roth IRA as with a traditional IRA once a certain age is reached?
75 out of 117 people found this useful.

ALL ANSWERS:

Can I roll over all my money that's in a traditional 401k to a Roth IRA?
36 out of 64 people found this useful.
What is the deadline to convert to a Roth IRA in 2012?
62 out of 91 people found this useful.
I'm thinking of converting a portion of my IRA to a Roth in 2012, and then another portion in 2013. How does the "five-year rule" work in that situation? Can I take all of it out tax free in 2017? Or does each conversion have a separate 5-year restriction on withdrawals?
0 out of 0 people found this useful.
Can a 401K be rolled over into a Roth IRA?
49 out of 82 people found this useful.
Good afternoon. I am 38 years old. I have 2 former 401k plans for my past jobs. I'm wondering if I should roll them over to a trad ira or a roth. I have about 30k in one and about 19k in the other. I plan on leaving the money in whatever ira I choose for about 20 years. Any advice?
45 out of 90 people found this useful.
84 out of 142 people found this useful.