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Old 08-21-2021, 06:35 PM   #11059
MTG#10 MTG#10 is offline
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Join Date: May 2006
Location: Springfield
Casino cash: $7014386
Are there any taxes/fees/penalties for rolling over a 401k into a Roth IRA?

The company I work for is being bought out by a much larger company. They said we cant contribute to 401k until we've been with the new company for a year. They gave us an option of rolling our existing 401k's to a new Roth IRA that they will set up, then once we're eligible can roll that money back over to their 401k program. But I just opened my own Roth recently so I figured I might as well dump it into that one.
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