The Ventra app lets you check your Ventra Card's balance, add value or passes, get arrival/departure times and account alerts in a quick and easy-to-use app. You can even use the fare value from your Ventra transit accounts to buy mobile tickets for riding Metra trains right in the app.
If you convert money from another account to a Roth IRA before age 59 1/2, you must wait five years from the date of the conversion to withdraw the converted monies penalty free. If you turn 59 1/2 before five years have passed, you are eligible to take a distribution tax and penalty-free.arnings, however, are another story. You must reach the age of 59 1/2, and your Roth IRA must have been open for five years, before you can take out any earnings with no taxes or penalties. If you withdraw earnings before five years have passed, you will be subject to a 10 percent penalty plus ordinary income tax.
Instructions. Determine if you are eligible to convert a 401k to a Roth IRA. The IRS only lets taxpayers who meet certain income requirements do so. A taxpayer's modified adjusted gross income must be $100,000 or less.Your MAGI is the figure on your tax return that is actually subject to tax.ell the financial institution that you want to convert a 401k to a Roth IRA. It will send you papers to fill out and sign. Contact the holder of your 401k and tell them you want to roll over your account to a Roth IRA.