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_DeadSeaSquirrel t1_j2azzt2 wrote

Reply to comment by boilermakerteacher in New job, substantial pay increase by spongerd82

  • the amount rolled over is subject to Roth IRA contribution limits

  • lifetime limit of 35k

  • beneficiary must be the same for at least 15 years. Changing the beneficiary resets the clock.

  • cannot roll over contributions/earning from the last 5 years

Still a great option but worth noting the limitations. All the more reason to start contributing earlier!

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