LindaS5247
Expert Alumni

Get your taxes done using TurboTax

If you moved your money from a 401(K) plan to a ROTH 401(K) you can answer yes. A Roth 401(k) is not exactly the same thing as Roth IRA. I'm not sure what type of Roth you rolled to. Was it an employer-sponsored Roth?

 

Both Roth IRAs and Roth 401(k) s offer tax-free growth and withdrawals, but Roth 401(k) s are employer-sponsored, have higher contribution limits, and may offer employer matching, while Roth IRAs are individual accounts with lower limits and no employer matching, but offer more investment flexibility

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"