[bnstphnsn]

Hello all, just a quick question for you guys.

I have $600 dollars in my old employers 401k plan. Yah, I know, small potatoes. Thats why I'm thinking about just taking the penalty and then depositing it in my ING Roth IRA.

I have read that I can't roll it directly to a Roth. I would have to set up a traditional IRA to use as the go-between. But, for $600 dollars I dont know that this would be worth it?

I'm 25. I didnt know if someone could give me a guesstimate at the penalty amount we are talking? At the old employer I made 27000 a year, at my current job I make 29000. If that matters.

I appreciate the help! I just dont wanna hassle with setting up a traditional IRA to save 20 bucks, ya know?

[blueshifty]

Why would you want to pay tax on money that already resides in a tax deferred account? Roll it to an IRA and keep it tax deferred.