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Can I rollover my 401k directly into a roth IRA?

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Can I rollover my 401k directly into a roth IRA?

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You actually have to roll it over into a traditional (or rollover) IRA first. After that, you can convert your traditional IRA into a Roth IRA, but the thing is you have to pay taxes on all of the money you want to convert. Best thing to do is talk to a financial advisor or planner on how to do this – or even IF you want to do this. Good luck.

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