https://ttlc.intuit.com/community/taxes/discussion/re-401k-transfer/01/3104694#M1137804 <P>Hello</P> <P>If you do a direct rollover, custodian to custodian then there will be no tax implication for you</P> <P>&nbsp;</P> <P>If you do an indirect rollover, custodian&nbsp; to you to new custodian, and it gets completed within 60 days and no taxes are withheld then there are no tax implications.&nbsp;</P> <P>&nbsp;</P> <P>&nbsp;</P> <P>&nbsp;</P> <P>&nbsp;</P> Wed, 25 Oct 2023 20:56:44 GMT John-H2021 2023-10-25T20:56:44Z https://ttlc.intuit.com/community/taxes/discussion/401k-transfer/01/3104644#M1137803 <P>Hi, I have a 401k at work and i just turned 60. I would like to move the money in that to a traditional IRA that i have. would i have to pay taxes on that or can it be moved tax free? The 401K people said that i would have to pay taxes if i moved it.</P> Tue, 24 Feb 2026 07:33:40 GMT https://ttlc.intuit.com/community/taxes/discussion/401k-transfer/01/3104644#M1137803 bluecollarguy 2026-02-24T07:33:40Z https://ttlc.intuit.com/community/taxes/discussion/re-401k-transfer/01/3104694#M1137804 <P>Hello</P> <P>If you do a direct rollover, custodian to custodian then there will be no tax implication for you</P> <P>&nbsp;</P> <P>If you do an indirect rollover, custodian&nbsp; to you to new custodian, and it gets completed within 60 days and no taxes are withheld then there are no tax implications.&nbsp;</P> <P>&nbsp;</P> <P>&nbsp;</P> <P>&nbsp;</P> <P>&nbsp;</P> Wed, 25 Oct 2023 20:56:44 GMT https://ttlc.intuit.com/community/taxes/discussion/re-401k-transfer/01/3104694#M1137804 John-H2021 2023-10-25T20:56:44Z