You, too, can have a Roth individual retirement account (IRA). How? And why would you want to?
The final regulations under Internal Revenue Code Section 402A confirm that you may establish a Roth IRA by rolling over a Roth account that's in a 401(k) plan (a “Roth 401K account”) into a Roth IRA—regardless of the usual, modified adjusted gross income (MAGI) limitations that apply to establishing a Roth IRA. Your MAGI, for Roth IRA purposes, is your adjusted gross income (AGI) as shown o