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Traditional IRA to Roth IRA is taxable event.

goingplaces 2024-05-15 07:30:21 ( reads)

If OP rollover 401K to Traditional IRA, that is not a tax event.

He just said 401K to Roth IRA, he skipped one step in the middle if his 401K is pre-tax. 

跟帖(3)

成功的G

2024-05-15 07:44:09

哦,所以说pretax 401k 需要先到traditional IRA再到Roth ira。所以总有一步是交税的。谢谢

goingplaces

2024-05-15 10:03:09

Traditional IRA Converts to Roth IRA is a taxable event

柠檬椰子汁

2024-05-15 08:13:26

That is called conversion. Not rollover.