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#4
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| - quote - > Please advise
It's pretty hard to advise you without knowing something about you.Dave |
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#3
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| Thanks ! I finally rolled my 401k to rollover IRA. Here are my choices Vanguard Intermediate-Term Treasury Fund Vanguard Total Stock Market Index Fund Vanguard Total International Stock Index Fund Please advise |
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#2
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| Just one addition to Will's answer. The $4000 contribution limit for 2005 does NOT include any amount you rolled over, however, the $14K 401K contribution limit DOES include anything you contributed to the old 401K before rolling it over. -- Kathy Morgan EA H & R Block Master Tax Advisor Proud Mom of Sgt RT Morgan 1/156 AR BN C Company Louisiana Army National Guard Baghdad, Iraq "Will Trice" <wwtrice[at]paragondynamics.com> wrote in message news:42B36278.2020707[at]paragondynamics.com... - quote - > abhi72[at]hotmail.com wrote: > > Hi, > > I have just changed my employer. I moved my 401k from previous employer > > into Rollover IRA. However, I'll be starting new 401k plan with my new > > employer. In this case, what is going to the max limit on rolloverIRA > > and new 401k contribution ? > The contribution limit for 2005 traditional IRAs is $4000. The total > contribution that you can make to all of your 401(k)s is $14,000 for 2005 > ($15,000 for 2006). > In first place > > can I contribute to rolloverIRA and new 401k plan at the same time ? > Yes. > -Will |
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#1
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| - quote - > In this case, what is going to the max limit on rolloverIRA http://www.fairmark.com/rothira/roth101.htm- quote - > and new 401k contribution ? http://www.the401kstore.com/about401k/eecont.aspx |
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| abhi72[at]hotmail.com wrote: - quote - > Hi,
The contribution limit for 2005 traditional IRAs is $4000. The total> I have just changed my employer. I moved my 401k from previous employer > into Rollover IRA. However, I'll be starting new 401k plan with my new > employer. In this case, what is going to the max limit on rolloverIRA > and new 401k contribution ? contribution that you can make to all of your 401(k)s is $14,000 for 2005 ($15,000 for 2006). In first place - quote - > can I contribute to rolloverIRA and new 401k plan at the same time ?
Yes.-Will |
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#-1
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| Hi, I have just changed my employer. I moved my 401k from previous employer into Rollover IRA. However, I'll be starting new 401k plan with my new employer. In this case, what is going to the max limit on rolloverIRA and new 401k contribution ? In first place can I contribute to rolloverIRA and new 401k plan at the same time ? abby |
| Tags |
| 401k, ira, rollover |
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