Should I convert my old 401(k) into a Roth IRA?
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M$4 Answers
As far as how you should go about transferring it, I'd do a Trustee-to-trustee transfer over a rollover. This keeps the account open. A rollover will close the account. However, you will still be responsible for paying taxes. So keep that in mind if you might need some of that money to cover the taxes. I'd talk this over with a financial advisor or someone at a financial institution you plan to use in further details. The sources explain all of this in more details.
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M$You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.
M$http://www.youtube.com/watch?v=zdUaxdZefq4
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