Skip to main content
September 28, 2022
Question

401k rollover

  • September 28, 2022
  • 1 reply
  • 0 views

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

    1 reply

    VolvoGirl
    Employee
    September 28, 2022

    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 .