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by jeffreyrogers·14d ago·view on hn ↗
You can convert your 401k to an IRA when you leave an employer. Some employers also offer in service rollovers (I think these mostly have minimum age restrictions on them though)
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That’s a traditional IRA, not Roth.
Right but once your traditional IRA is fully rolled over to a 401k, you can take full advantage of backdoor Roth IRA contributions regardless of income.
Traditional 401k balances transfer to traditional IRAs, and Roth 401k balances transfer to Roth IRAs.