Welcome Guest. Register Now!  



Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 01-29-2013, 10:55 PM
Junior Member
 
Join Date: Jan 2013
Posts: 1
Rollover IRA Help

Hi - have an issue with a rollover IRA and would appreciate any advice. Basic outline of situation below:

2007 - started job and 401(k) with employer, opened Roth IRA separately

2010 - left job, but kept 401(k) with employer for time being

2011/2012 - transferred 401(k) to Rollover IRA at some point, with intention of moving it to Roth eventually once markets settled / made investment decisions (but forgot about it for awhile just sitting in money market account)

2013 - still in Rollover IRA, want to transfer to Roth, understand this to be taxable event

The problem is I am getting married this year, and am worried this will now get hit at a much higher bracket (as of now I am in a very low bracket as a grad student). Will be returning to a full time job in 2014. What should I do? Can I keep it in the rollover and transfer it back to a new 401(k) in 2014? Any other thoughts? Thanks so much.



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
Ads
Reply



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
S-Corp Income RollOver nabilns S-Corporation 1 12-05-2012 08:37 PM
IRA Rollover tam888 IRA/Sep 1 06-09-2011 06:27 AM
401(K) Indirect Rollover Marlaina Income 3 02-22-2011 11:15 AM
rollover ira lost value egmacrae IRA/Sep 1 01-04-2009 05:15 PM
How much time do I get before I have to rollover my retirement distribution? mongrel IRA/Sep 2 03-02-2008 09:41 PM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.