Leaderboard

She needs to roll it over to a traditional ira and keep it separate. It's going to be taxable either way, but you can avoid the penalty on 10k for 1st time home buyers. (5329 exception 9) No reason to run it through a Roth.

Yes, I recognize that there are plenty of people who spend their entire lives working very hard at their profession, saving responsibly, and accumulating enough to help fund a comfortable retirement. Yet they won't invest the time and effort along the way to learn some very basic principles regarding how to manage it efficiently. They will gladly turn over that task to someone whom they perceive as working in their interest, with hardly a second thought to the inherent conflict of interest in the arrangement. They will take that person's recommendations without question, relying upon his/her smooth talk, nice suits, fancy car, impressive office, and confusing quarterly reports as their own basis for sleeping well at night. "It's all so complicated", they say. They will also spend 10 -20-30 retirement years never knowing of the $3,000 - $10,000 per year of additional retirement income they have foregone to fund those benefits for the F/A. But I do agree that outcome is far superior to throwing darts at a board to decide how to manage one's retirement.

Thanks for sharing that. I haven't been to one of their seminars in several years, since the year after I switched. While it is a sales seminar, I did pick up some useful information on shortcuts in the program and some features that I didn't know existed that help me to speed up the input process even more. It seemed like the one I went to was attended by many existing users that were asking questions about some of these features and new ones that had been added, so the presenter was flexible enough to add those things into the program.