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New Member
posted Jun 1, 2019 7:11:54 AM

I f I had a rollover from a 401k plan to my Roth IRA and my Traditional IRA does that count as a contribution ?

0 4 507
4 Replies
Level 8
Jun 1, 2019 7:11:55 AM

401k to Roth IRA is a conversion, not a rollover. It's technically not a contribution but similar.

Level 8
Jun 1, 2019 7:11:56 AM

401k to Traditional IRA is not a contribution.

Intuit Alumni
Jun 1, 2019 7:11:58 AM

A rollover is not considered a contribution.

A rollover is not considered a contribution. They are two different things.

[Edited 02.13.18 /11.:30 am]

Intuit Alumni
Jun 1, 2019 7:12:00 AM

A rollover is not considered a contribuiton