rbynaker
Level 13

@qbteachmt wrote:

"I have a Roth 401(k) and I'm not even sure what the distribution rules are"

You have RMD; roll it to Roth IRA, and that requirement goes away.


I have 20+ years before I have to deal with the RMD. 🙂

The new time clock that's running now is that TD Ameritrade is terminating their prototype plans later this year and moving everyone over to Schwab plans.  Normally I wouldn't care but the Schwab plans don't allow Roth contributions.  Yay, more fun with bank mergers!  This was after Capital One acquired my Traditional IRA from ING Direct a few years ago and then, earlier this year, decided to stop doing IRAs.  So I may end up with 4 direct rollovers in 2022.  And I probably need to figure out how to file a 5500-EZ for a terminated plan.

 

0 Cheers