401k rollover

Will I have to pay a tax penalty if I rollover my 401k to a Roth IRA? If so, what is the penalty?

posted

Connect with an expert

1 Reply

401k rollover

Not a penalty just the regular income tax on it. So be careful. It will add to your income and may push you into a higher tax .

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post