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Old 01-05-2017 | 03:55 PM
  #22  
Andy
Gets Weekends Off
 
Joined: Mar 2006
Posts: 5,213
Likes: 14
From: guppy CA
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Originally Posted by jumppilot
How do you convert post tax to Roth with Schwab?
For the 401k, you just call up Schwab and they'll send you a form to fill out. Then mail it back to them. Takes a few weeks but it's just filling out a form. Make sure you tell them you want to convert your post-tax contributions to Roth.

There is no direct way to have post-tax go to a Roth - which would be logical.

You can also convert any other taxable contributions, such as A, B contributions, vacation forfeiture, etc to Roth. However, those will be taxable in the year you convert them.

I plan on converting all of my pretax contributions over to Roth after I retire and am in a lower tax bracket.

The two previous posts refer to IRAs; I'm specifically referring to converting 401k funds to Roth.
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