- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Is a direct rollover of a pension to ROTH IRA reported as Adjusted Gross Income?
It doesn't seem like it should go toward my Adjusted Gross Income, until I actually begin withdraw money out of the ROTH IRA...?
Topics:
posted
June 4, 2019
4:04 PM
last updated
June 04, 2019
4:04 PM


1 Best answer
Accepted Solutions
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Is a direct rollover of a pension to ROTH IRA reported as Adjusted Gross Income?
If it is direct rollover of a Roth 401K to a Roth IRA it is not added to Adjusted Gross Income (AGI).
If this is a pension or Traditional 401K rolled in a Roth IRA it is added to the AGI.
Then later when taken out of the Roth it will not be taxed or added to AGI.
June 4, 2019
4:04 PM
1 Reply
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Is a direct rollover of a pension to ROTH IRA reported as Adjusted Gross Income?
If it is direct rollover of a Roth 401K to a Roth IRA it is not added to Adjusted Gross Income (AGI).
If this is a pension or Traditional 401K rolled in a Roth IRA it is added to the AGI.
Then later when taken out of the Roth it will not be taxed or added to AGI.
June 4, 2019
4:04 PM
Still have questions?
Make a post