Church42 t1_iufu7n8 wrote on October 31, 2022 at 12:19 AM Reply to comment by bulls2030 in Question about 401k rollover to IRA and checks received by bulls2030 Create a traditional IRA. Roll the pre-tax dollars into that IRA and your Roth check into your existing Roth IRA Your check for pre-tax was likely your employer match and the accompanying growth that occurred before the cash out. Permalink Parent 2
Church42 t1_iuftz3p wrote on October 31, 2022 at 12:17 AM Reply to comment by DeluxeXL in Question about 401k rollover to IRA and checks received by bulls2030 Traditional 401k should be put into a rollover (aka traditional) IRA. Otherwise OP will have to pay taxes Permalink Parent 2
Church42 t1_iufu7n8 wrote
Reply to comment by bulls2030 in Question about 401k rollover to IRA and checks received by bulls2030
Create a traditional IRA. Roll the pre-tax dollars into that IRA and your Roth check into your existing Roth IRA
Your check for pre-tax was likely your employer match and the accompanying growth that occurred before the cash out.