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SmartAsset on MSNAsk an Advisor: Will Rolling Over After-Tax 401(k) Contributions to a Roth IRA Trigger Taxes?I have $120,000 in after-tax contributions in my traditional 401(k) at work. Can I roll over just the after-tax money into my Roth IRA? I would like to avoid creating a taxable event. – Daniel Daniel, ...
The tax treatment of dividends isn't uniform ... or at higher ordinary income rates that substantially reduce your after-tax yield. Navigating the complex world of dividend taxation requires ...
When you inherit a Roth IRA, the money you receive gets the same tax-advantaged treatment as the original account. Because the money was contributed on an after-tax basis, you can withdraw the ...
s and Roth IRAs grow tax free and may be withdrawn tax-free so long as you leave it in the account for at least five years after the rollover. Unlike creating a Roth IRA and making new ...
I have $120,000 in after-tax contributions in my traditional ... you could transfer each balance to an account with the same tax treatment. That's pretty straightforward. Whether or not you ...
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