Why does Suze Orman say to put your 401k rollover from previous employer in traditional IRA? - suze orman
Suze Orman advises that people of your previous 401k rollover traditional IRA to be used. He said that in 2010, to move money from traditional IRA to a Roth IRA.
Several questions:
1. What is a "traditional" IRA?
2. What is the logic and benefits of moving to a Roth IRA in 2010?
3. Will not be taxed if a Roth IRA is moving? If not, why not?
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