Welcome! | Ask A Question

 
 
 
 
Question

Asked 12/10/2008

Can I pay max on both tax deferred and roth ira?

I am not eligible for my company's 401k until i've been employeed there for one year. Can I open a tax deferred traditional ira to substitute for a company-based 401k. I'm over 55 and already have a roth ira that I pay full on every year.

 
 
 
 
 
Answer This Question Now

Type your Answer in the box below and post your answer.

Learn more about how this works

 
 
 

Related Questions (Ask a New Question)

 
Can extra post tax money from a 401 be moved into a roth ira

My company closed and i need to move my 401k to my new employer. my former employer only allowed up to a certain percentage of your income to be invested pretax but allowed post taxed monies to be invested beyond that percentage. can that post taxed money be moved to an existing roth ira. would there...

See Answers

 
401k rollover to roth ira with agi limit

I have a 401k from a previous employer that i want to convert into a roth ira. unfortunately i am not eligible to contribute based on income limits above 120k. it seems the rules changed in 2010 and allow the conversion, but not contributions without first contributing to another ira? i need help...

See Answers

 
Can i rollover $30k of after-tax money from a prior employer 401k to a roth ira?

I have both after tax and pre tax money in a prior employer 401k. i would like to move the pre-tax money to an existing rollover ira. instead of moving the after tax money to a taxable brokerage account i want to move it to a roth ira. can i move $30k of after-tax money to a roth ira without violating...

See Answers

 
Related Questions

Can extra post tax money from a 401 be moved into a roth ira


My company closed and i need to move my 401k to my new employer. my former employer only...

 

401k rollover to roth ira with agi limit


I have a 401k from a previous employer that i want to convert into a roth ira. unfortunately...

 

Can i rollover $30k of after-tax money from a prior employer 401k to a roth ira?


I have both after tax and pre tax money in a prior employer 401k. i would like to move the...

 

Can i transfer 401k money that was invested on an after tax basis directly to a roth ira? if not i'll be paying tax twice.


401k is from a past employer. i invested in the 401k post tax money. if i move the money...

 

What are the rules and tax consequences of rolling over a 401k to a roth ira?


I recently changed jobs and will be rolling over my 401k from the past employer to either...

 

How do you calculate taxes coverting 401k to roth ira


I want to convert / rollover a 401k to a roth ira. how do you calculate the taxes? are...

 
 

See more 401k questions

 
 
 
 
 

Ask A Question

Ask a new question about
401k: