Can I Rollover A Roth 401K To A Roth IRA?
37376 POINTSview profileDavid G. Pipes, CLU®, RICP®Business Development Officer, T.D. McNeil Insurance Services, Fresno, CaliforniaI am not a CPA. The character of the program hasn’t changed. I am pretty sure that the money can be rolled into a Roth IRA without difficulty. You should understand that rollovers are coming under increasing scrutiny. Make sure that you fully understand the implications of the roll-over.Answered on June 13, 2014flag this answer
21750 POINTSview profileJim WinklerCEO/Owner, Winkler Financial Group, Houston, TexasThat is an excellent question! The answer is that you can, but you will need to be very careful. If not done correctly, you become liable for taxes on the entire amount that you transfer. If this is a sizable IRA that you are rolling over, you may see your bracket jump for a year, and pay out a lot of unwanted tax. Please consult with an advisor or tax attorney before making the change, okay? Thanks for asking!Answered on June 14, 2014flag this answer
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