Tax Credit

[Feed The Trees]

You could also move the traditional 401k or equivalent, into a traditional IRA first and then do a Roth conversion at the end of the year. That should help a bit with the tax planning.

Moving 401k or equivalent money from a former employer into a IRA may not be a bad idea just for the extra investment options it offers.

ALWAYS move old 401k money to a IRA, at a minimum. If you want to convert to a Roth IRA that's a separate decision.