Previous employer terminating 401(k) plan; should I move the money over to a Roth IRA?
Previous employer terminating 401(k) plan; should I move the money over to a Roth IRA? A previous employer I had from a few years back was acquired by another company and is terminating its 401(k) plan as part of the process. My 401(k) with them is currently sitting at around $15K. Should I roll the cash over into a Roth IRA? It's my understanding that I'll have to pay taxes on the $15K as part of the rollover process. For furthe...