Reported 1 day ago
If you've recently started a new job with a great 401(k) plan and are considering moving funds from your IRA back into your 401(k) — a reverse rollover — you should evaluate the potential benefits and drawbacks. Reverse rollovers can delay required minimum distributions (RMDs), allow for easier access to penalty-free withdrawals, and may help with tax strategies like a backdoor Roth IRA. However, experts often advise against them due to limited investment options, potentially higher fees, and other complexities. It's best to consult a financial advisor before making this decision.
Source: YAHOO