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conversion from 401(k)


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Posted

can you convert 401(k) funds into a traditional IRA and then into a Roth IRA?

Also, can you move the after-tax dollars in the 401(k) into a Roth IRA somehow?

Posted

You can do transfer of a 401(k) into a traditional IRA and then into a Roth.

You cannot transfer after tax money into an IRA or into a Roth.

Barry Picker, CPA/PFS, CFP

New York, NY

www.BPickerCPA.com

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