This post may contain affiliate links which may compensate us based on your interaction. Please read the disclosures for more information.
Many people with a Roth individual retirement account would stand to benefit from this legislation. eurobanks / Shutterstock.com
A new bipartisan bill in Congress would allow Americans to roll over their Roth IRAs into Roth accounts that are part of workplace retirement plans, such as Roth 401(k)s. While retirement savers can transfer their workplace accounts to Roth IRAs, the inverse can’t be done under current law. U.S. Reps. Darin LaHood (R-Ill.) and Linda T. Sanchez (D-Calif.) introduced the bill (HR 6757) in the…
More from my site
3 Drawbacks of Shopping at Aldi You Should Know About
This Big Milestone Means Traveling With Kids Costs More
The Most-Wanted Destinations for U.S. Homebuyers Looking Abroad
7 Social Security Spousal Benefit Rules Every Married Couple Should Know
15 Fun Things To Do Between Christmas and New Year’s
Why Even 5.25% Rates Aren’t Luring Me Into a 12-Month CD
