Dep being on your 401k is Roth vs traditional, and you moving into traditional vs Roth IRA, it could be a taxable event.
Having a Roth is a good idea if you don't have one. If you are faced with a situation of withdrawing a lot of money in retirement. Roth gives u that flexibility to withdraw without paying high taxes.
Depending on ur age and situation and cost of living, if you see yourself withdrawing a lot( may be u like to travel a lot or still have krtgage, buying a new car etc) Roth again gives u the flexibility to withdraw without taxes.
One aspect I have researched( was mentioned by a friend). You can withdraw from Roth tax free and contributing to it from ur 401k( tax free
).
Having a Roth is a good idea if you don't have one. If you are faced with a situation of withdrawing a lot of money in retirement. Roth gives u that flexibility to withdraw without paying high taxes.
Depending on ur age and situation and cost of living, if you see yourself withdrawing a lot( may be u like to travel a lot or still have krtgage, buying a new car etc) Roth again gives u the flexibility to withdraw without taxes.
One aspect I have researched( was mentioned by a friend). You can withdraw from Roth tax free and contributing to it from ur 401k( tax free
).