<prompt> Human: Im at an interesting point - I may or may not break the 120kyear this year but am planning on going back to school in 1-2 years. I have a 401k with an old employer thats a under performing with a high expense ratio. I could roll it to my new 401k plan but the investment options arent great. Based on all the information Ive received it sounds like it makes more sense to move it to a traditional IRA and then convert to Roth when my income is essentially 0 in school. At the same time Ill open a Roth IRA and fund that with after-tax dollars to the max, and pull funds out if my income goes above 120k this year. Does that plan make sense?  <response>: Yes that makes a lot of sense. You can also withdraw penalty free from a Traditional IRA to pay for education expenses. 