Maybe someone can help or reassure me here. DD has a 401K from a previous employer that has a traditional and Roth component- she has money in both.
She wants to transfer it to Vanguard. How does she accomplish this while maintain the separation between the accounts. Her old employer says the whole thing just rolls over. Vanguard says it will just rollover to the account she designates. But technically, part needs to go to a Roth and part to a deferred account. What are we missing?
She is already in a high tax bracket so we do not want to trigger a taxable event.
She wants to transfer it to Vanguard. How does she accomplish this while maintain the separation between the accounts. Her old employer says the whole thing just rolls over. Vanguard says it will just rollover to the account she designates. But technically, part needs to go to a Roth and part to a deferred account. What are we missing?
She is already in a high tax bracket so we do not want to trigger a taxable event.