guys, i've got $7,000 in an old employer account that i want to roll over into a roth ira. i don't have a roth yet, i'm just planning on opening one up with that 7,000. can i roll the entire 7,000 over even though it's over the 5500 limit? can the excess be credited to the next year or previous year? what are my options here? i know very little, p.s.