View Single Post
Old 12-08-2009, 11:15 AM   #6
Bluestreak
What?
 
Bluestreak's Avatar
 
Join Date: Nov 2008
Location: Lancaster, PA
Moto: Dirt
Posts: 578
Default

Quote:
Originally Posted by RACER X View Post
I think its more take your 401k and go straight to a ROTH, which since i'm getting laid off and moving my 401k, sounds like my plan.
I did this 2 years ago. You will have to pay taxes on the total amount in your 401k. I'm not sure on the % but it's not a happy experience.
__________________
Lean till you see sparks. If they are coming from your pegs you are doing good. If they are coming from you tank, you've just gained wisdom... Wisdom usually hurts.
Bluestreak is offline   Reply With Quote