psgross
Mar 2 2005, 10:30 AM
Since I'm not versed in the Roth IRA product, can you rollover distributions from a traditional 401K plan to a Roth IRA? I know you can roll from a traditional IRA to a Roth, but not sure of 401K plans. Thanks for your help.
Belgarath
Mar 2 2005, 10:49 AM
No, you can't do a direct rollover from a qualified retirement plan to a Roth. You'd have to roll to a regular IRA, then convert or rollover the regular IRA to a Roth IRA.