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Type: Posts; User: qh2000askm
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I am planning to convert 5% of my traditional Rollover IRA to Roth IRA. Do I have to pay 10% penalty ? I am 57 now. I understand that I have to pay taxes on that 5% portion.
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Can you clear up something about Roth IRA for me. I have been contribute average about $4000 each year since 1999-2012. Am I correct to say starting in 2014 can I in theory withdraw $4000 a year the...
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Here is another problem.
When I leave the company, the company 401k rules give me only 3 options:
1. Take a lump sum.
2. Rollover to an IRA or other 401k plan.
3. Take some withwrawal and...
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Is there any rule how long (days,weeks,years) after I leave the company I can take out 401k without penalty. For instance, I plan to quit the job in Nov 1 2013 and start taking out from 401K in Jan...
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I am 55 yrs old now. I plan to quit the job in November 2013 and take out about $2000/mo from 401K to retire. I read some where that when I quit my job at 55 or after , I can take out the money from...
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