Transfer 401K funds to a Roth IRA
Has anyone heard of an IRS option to move up to $70,500 AT RETIREMENT from a 401K to a Roth IRA at a 15% tax liability?
Has anyone heard of an IRS option to move up to $70,500 AT RETIREMENT from a 401K to a Roth IRA at a 15% tax liability?
Permalink Submitted by Alan - IRA critic on Thu, 2013-08-22 18:52
No. But a married taxpayer with little other income could probably come pretty close to a 15% tax liability when converting roughly that amount.