Why you shouldn't roll over your 401k directly to a Roth IRA 🤔

Why you shouldn't roll over your 401k directly to a Roth IRA 🤔

[@UrbanXcellence]

Best advice I ever got.
“Match beats Roth beats traditional”

[@Bryguys91]

Not after you retire and live off the dividend income. It depends on the individual and amount already saved

[@VividVisionary]

Truth!

[@ronloftis9080]

@@Bryguys91 dividends in a Roth is ok, but if you are in the 12% tax bracket or under then a taxable brokerage is good too as qualified dividends is not taxable.

[@cmg25]

Lord. Procrastination wins again.

[@rhondavigil795]

People need to educate themselves.

[@harrychufan]

Eh, best to use a rollover IRA rather than a traditional IRA. Then you have the option to roll it into a new 401k plan if you want.

[@bidmcms3]

A “rollover” IRA is a traditional IRA

[@hinojosawilliam25]

Always providing great info 🙌🏼

[@brucesmith6868]

Thanks DUSTIN

[@ronengle9524]

Thank you for this. I was told to roll over

[@johngill2853]

He didn't say not to roll it over
He said don't put a traditional into Roth without doing tax planning

[@ronengle9524]

@@johngill2853 no shit

[@johngill2853]

@@ronengle9524 then I'm confused,why the original comment?