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Voya Outgoing Rollover Form

Voya Outgoing Rollover Form

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Video instructions and help with filling out and completing Voya Outgoing Rollover Form

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Instructions and help about Voya Outgoing Rollover Form

in this video I'm going to show you how you can convert your 401k over to a Roth IRA as an example let's say you have a 401k from your old employer that has a value of 50 000 now the first thing you're going to do is open a traditional IRA at a broker it could be Fidelity M1 Finance I personally use TD Ameritrade and what you're going to do is take that 50 000 from your old 401K and transfer it to that traditional IRA now the important thing in this step is to not invest that fifty thousand dollars quite yet and that's because before you invest this fifty thousand dollars you're gonna open a Roth IRA at the same broker and transfer sixty five hundred dollars into it from this fifty thousand dollars and once you have the sixty five hundred dollars transferred into your Roth IRA don't forget to invest this money and for your knowledge I personally invest in low-cost index funds now there are a couple of housekeeping items that I wan

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