Should I Roll My 401(k) Into a Roth IRA?

💵 Sign up for EveryDollar today - Create a free Budget! (ter.li/ucqnjc)
Listen to how ordinary people built extraordinary wealth - and how you can, too. You’ll learn how millionaires live on less than they make, avoid debt, invest, and are disciplined and responsible!

Next Steps:
💰Need Help with your investments? Click here (ter.li/vnc3rt) to connect with a SmartVestor Pro.
🏠To learn more about how to plan for Retirement, click here (ter.li/xr4vbl)
🏦To learn more about Investing, click here (ter.li/54nnlq)
🎓Create a college savings plan for your child’s future. Click here (ter.li/usdyqj) to connect with a SmartVestor Pro.
Listen to more from Ramsey Network
🎙️ The Ramsey Show (ter.li/4oi4gg)
🧠 The Dr. John Delony Show (ter.li/7idjjq)
🍸 Smart Money Happy Hour (ter.li/fhywhj)
💡 The Rachel Cruze Show (ter.li/u4taz6)
💰 George Kamel (ter.li/ejut9r)
💼 The Ken Coleman Show (ter.li/e0y48r)
📈 EntreLeadership (ter.li/p5p885)
💸 The Ramsey Show Highlights (ter.li/u7iws0)
Learn more about your ad choices. www.megaphone....
Ramsey Solutions Privacy Policy (www.ramseysolu...)

[@Xenos-rx3bo]

If you can do it without moving yourself into a higher tax bracket, then yes. Do it. Social Security is on pace to be insolvent soon, and the debt keeps going up and up. Taxes are going to skyrocket in the future. Have as much of your retirement in Roth before then as possible.

[@doomy_doomy2225]

Getting laid off so losing my match and I am considering this.

[@tmi4507]

I would do it if you are okay with paying the taxes for it. It’s totally worth it just solely based on not having to pay taxes on it when you retire 🎉