Hello,
I have a question regarding my wife's ESOP rollover from her previous employer. She was given three options: withdraw cash, roll over into her 401(k), or roll over into a traditional IRA. She opted for the traditional IRA. Could you clarify if this decision affects her ability to perform a backdoor Roth IRA in the future? Also, was this the better choice compared to rolling over to her 401(k)?
Thank you for your guidance.
I have a question regarding my wife's ESOP rollover from her previous employer. She was given three options: withdraw cash, roll over into her 401(k), or roll over into a traditional IRA. She opted for the traditional IRA. Could you clarify if this decision affects her ability to perform a backdoor Roth IRA in the future? Also, was this the better choice compared to rolling over to her 401(k)?
Thank you for your guidance.
Statistics: Posted by SurfMonkey00 — Fri Sep 13, 2024 11:07 am — Replies 1 — Views 58