Comments on: Learn About the 2010 Roth IRA Conversion Rules http://www.sdiraservices.com/blog/2010conversion/ An educational blog about self directed IRA topics and opportunities Wed, 07 Jul 2010 14:23:59 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Julie Seay http://www.sdiraservices.com/blog/2010conversion/comment-page-1/#comment-255 Julie Seay Wed, 07 Jul 2010 14:23:59 +0000 http://www.sdiraservices.com/blog/?p=29#comment-255 Self Directed IRA Services does offer Roth IRAs that you would be able to roll your 401K into. To meet the December 31st deadline for the special 2010 Roth conversion rules you will want to contact your plan administrator now to find out their time line for processing rollover requests. To be safe you may want to allow sufficient time for the plan administrator to process the rollover and have it to SDIRA Services by December 20th to post to your Roth account. Self Directed IRA Services does offer Roth IRAs that you would be able to roll your 401K into. To meet the December 31st deadline for the special 2010 Roth conversion rules you will want to contact your plan administrator now to find out their time line for processing rollover requests. To be safe you may want to allow sufficient time for the plan administrator to process the rollover and have it to SDIRA Services by December 20th to post to your Roth account.

]]> By: Herbert Hinson http://www.sdiraservices.com/blog/2010conversion/comment-page-1/#comment-254 Herbert Hinson Sat, 03 Jul 2010 19:49:40 +0000 http://www.sdiraservices.com/blog/?p=29#comment-254 I will have approximately $85,000 in employee contributions in my 401K plan. My plan allows 1 in-service withdrawal per year (employee contributions). The tax basis of the employee contributions is reported by the plan administrator (Vanguard) at $75,000. I am 54 years of age (from Nov 2009) with income in excess of the Roth (including phase out) limits. I plan to withdraw the $85,000 (using direct transfer) in November 2010 and estabilsh a Roth IRA. Can I use a self directed Roth IRA from this company, and when should I initiate the process to ensure that I do not miss the 2010 deadline? I will have approximately $85,000 in employee contributions in my 401K plan. My plan allows 1 in-service withdrawal per year (employee contributions). The tax basis of the employee contributions is reported by the plan administrator (Vanguard) at $75,000. I am 54 years of age (from Nov 2009) with income in excess of the Roth (including phase out) limits.

I plan to withdraw the $85,000 (using direct transfer) in November 2010 and estabilsh a Roth IRA. Can I use a self directed Roth IRA from this company, and when should I initiate the process to ensure that I do not miss the 2010 deadline?

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