Can you roll roth 401k into roth ira

Rolling a Roth 401(k) into a Roth IRA isn’t that different from completing a normal rollover from a 401(k) to an IRA, says Dave Lowell, a certified financial planner … “If you have an existing Roth IRA that is older than five years, then you can roll over the Roth 401(k) and take a distribution with no problem, assuming you’re 59.5 or …

If you roll your Roth 401(k) into your Roth IRA, there’s no problem. You‘ve met the 5-year rule. But now let’s say you‘ve only had your Roth IRA for three years. Even though your Roth 401(k) meets the 5-year rule and then some, if you roll it into your three-year-old Roth IRA, you‘d have to wait another two years before you could withdraw …

Know the Rules for Roth 401(k) Rollovers – Investopedia

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The first is to roll the Roth 401 (k) funds over into an existing Roth IRA. The rollover funds will be counted toward the clock that’s been since the opening of the Roth IRA. The second way is to …

Roth 401(k)s as an Alternative. A Roth 401(k) combines the employer-sponsored nature of the traditional 401(k) with the tax structure of the Roth IRA. If your employer offers this type of plan, you’ll contribute after-tax money to your account — and you won’t owe taxes when you start receiving distributions.

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Rollover old 401k to Roth IRA? Video Answer

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