You can do a direct transfer to a traditional IRA with no tax consequences. But you will pay income tax when you withdraw funds . If you roll into a Roth you will pay taxes on the entire amount immediately but subsequent withdrawals are not taxed. In either case the only interaction with TurboTax is reporting on your return a 1099-R that your financial institution gives you when there are withdrawals. We do not give financial advice since we don’t know your complete financial situation and goals.
