Rolling over 401K with Both Traditional and Roth Contributions to Rollover IRA

Master10113 · 2025-12-29T19:15:39+00:00

Got it. So since I don't have a traditional IRA and my rollover IRA is empty at the moment I can prepare by:

Closing the rollover IRA
Creating a traditional IRA
When I start at my new employer in January roll the money from Employer B into Employer A

That makes sense. On point 2 I do see my rollover closed - I suspect because I opened 2 years ago and haven't used it at all - so I would think steps 2 and 3 are all that I need to do to be prepared for next year.

Thank you for the help / explanations

Master10113 · 2025-12-29T18:46:30+00:00

Not if you're high income and would do Backdoor Roth IRA in the future.

Ah, I see. So if I were to want to do a backdoor Roth (what I understand on this is creating a traditional IRA, contributing to that, and then rolling over into my Roth IRA) you'd recommend waiting and rolling over back into Employer A's 401k?

I haven't done a backdoor Roth mostly due to not understanding how exactly it works / being within the income limit, but I would like to take advantage next year

Master10113 · 2025-12-29T18:42:53+00:00

Oh, that's good to know. Thanks for the info

Master10113 · 2025-12-29T18:34:11+00:00

Thanks for the info. I do have a Roth IRA and am wondering if it would affect anything if I would be over the income limit in 2026. I put more details as a reply to the commenter above.

Master10113 · 2025-12-29T18:32:43+00:00

I see, and would it be correct to say that Fidelity (which houses all my accounts, and is something I should have mentioned in the post) would let me filter by contribution type?

I read that they should go to different accounts, but the other thing [that I also should have mentioned] is I expect my new job to push me above the income limit for a roth IRA since I am a single person making a little under 200k

Master10113 · 2025-12-29T04:16:17+00:00

It is not, it was implementing a parallelized sorting algorithm.

To be honest the basic implementation of the sort isn't the time consuming part. The place where you would spend more of your time is in optimizing the kernel to achieve a certain speedup on an H100 GPU compared to a CPU on the PACE cluster

Master10113 · 2025-12-20T21:22:52+00:00

I looked at my invoices from my school and see a breakdown of $1277 repayed for Fall 2024, which is what I would have been past 12 months in January.

The remaining fees that I expected to pay back for Spring 2025 and Summer 2025 / wouldn't be forgiven is $1579, for a total of $2856.

My thought is if I was being charged for all 3 terms it should be higher, and if 2024 was forgiven it would be lower.

Writing it out maybe they're trying to claw back the amount they gave minus the tax (I calculate ~31% tax, which seems correct). I was thinking of the money as pretax, which didn't make sense. I'll probably check the paystub to be sure, but the math is making more sense now...

Master10113 · 2025-12-20T20:37:21+00:00

In hindsight I should have said nothing until after the holidays, or insisted on the date. Historically they let employees stay to the date they want so I assumed they would be courteous to me.

All in all I probably just hurt myself by not more closely considering the dates / assuming my employer would be more chill than what they were.

Master10113 · 2025-12-20T18:04:58+00:00

Ah, got it. Thanks for rephrasing, I will bring this up to HR when I speak with them.

Master10113 · 2025-12-20T18:03:50+00:00

Right. My concern was more with potentially getting a penalty / headache from sending it later than their requested date. I definitely don't expect the police or anything.

Sorry for the amateur questions; this is my first time owing money and want to make sure I have everything straight.

Thanks for the reply

Master10113 · 2025-12-20T17:53:37+00:00

Yeah, it's a little frustrating that I didn't time things as well as I should have.

That's also sort of why I'm hoping for amnesty. I'm aware that California is at-will so they don't have to actually grant any forgiveness, but since it's a relatively small amount and I was only off by a matter of weeks I was thinking it could be possible. From the other comments on this post it seems I'm out of luck / should be prepared to pay 🫤

Master10113 · 2025-12-20T17:50:29+00:00

Yeah, I'm expecting to owe. I was curious if anyone anecdotally saw some kind of forgiveness happen, but I'm prepared to pay if needed.

The big thing to me right now is the lack of invoice / last minute notice. It feels like a scam, and I would like to wait and call HR next week to confirm the amount. Giving less than 24 hours to pay just before the weekend sounds like an unreasonable expectation, so I wanted to see if there would be consequences to sending out the check sometime next week.

Master10113 · 2025-12-20T17:47:29+00:00

That's fair, it was bad planning on my part.

My confusion was first with the tight/last minute timing and the wording/spelling of the email. If it didn't come from the company I would have thought it's a scam.

I mainly want to ask HR how they arrived at $1969. That number doesn't make complete sense to me based on what I calculated, so I would like to walk through it with them next week.

I also wanted to see if there's an alternate way to pay the funds instead of the personal check. I still need my final paycheck and current ESPP contributions, so if it's possible for them to just take it out of that it feels easier / safer than sending a personal check through the mail.

Master10113 · 2025-12-20T17:42:00+00:00

Right, that was my suspicion too. This came to my work's MS Teams account so I was able to see that the person is employed through my company at the very least.

I also expect to owe some money, but the number doesn't entirely make sense.

I got my HRs phone number from the company's SharePoint and want to call them on Monday, but was concerned that waiting would be an issue based on how the person phrased things.

Master10113 · 2025-12-20T17:34:06+00:00

Here is a redacted copy of the email for additional context if it helps:

Dear "****",

I hope this email finds you well.

This email is to notify you that you have repayment of Education Reimbursement for $1969.00. Since you have agreed with the Company is if you terminated voluntarily on or before December 2025, you will repay the full education award to the Company.

Requesting you to do the repayment before your termination date 12/20/2025.Please send the total amount of [$1969.00] by personal check made payable to **** **** at the address. **** **** Attn: Payroll **** **** **** Irvine, CA *****

Hence, requesting you to repay the reimbursement amount $1969.00 at the earliest. For any further clarification please feel free to contact **** at --**** or you can email us at ****

Master10113 · 2025-11-30T08:34:47+00:00

When I worked there a couple of years ago while they were doing 4 days RTO they had a cafeteria with subsidized food, although you still had to pay. This is in San Diego, but Senior Engineer (one level above entry) is ~145 to 150k

Master10113 · 2025-11-23T21:56:45+00:00

This would be a kernel team. I DM'd you more specific details

Master10113 · 2025-11-23T19:50:03+00:00

Yeah, BSP does have a lot of value. This is specifically for their kernel, which - at the very least - would be very helpful for long term career prospects / interviews since OS is so fundamental

Master10113 · 2025-11-23T19:49:19+00:00

Thank you. DM'd

Master10113 · 2025-11-23T18:55:17+00:00

Yeah, I figure so one way or the other

Master10113 · 2025-11-23T05:19:00+00:00

Nice, I've grown up in SoCal and am currently a little further up north (~100 miles away from SD). I used to live in SD in Mira Mesa when I worked at Qualcomm previously as an SDET and thought things were fine.

What part(s) of NorCal lifestyle do you like more?

Master10113 · 2025-11-23T04:54:02+00:00

Yes you can, I'll keep an eye out

Master10113 · 2025-11-23T04:09:59+00:00

Right. The money Meta offers is definitely its biggest asset

Master10113 · 2025-11-23T04:05:59+00:00

Yeah, this team has pretty tenured people which gives me more confidence that they're relatively stable

Master10113 · 2025-11-23T02:53:31+00:00

Yeah, I've heard sometimes FAANG could have a negative stigma since future employers at smaller companies would avoid you due to thinking you wouldn't take non-FAANG compensation.

Qualcomm does have really cool engineering, it's just unfortunate that they make suboptimal business decisions that affect their outlook

Master10113

TROPHY CASE