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Replies to #14727 on The Black Box
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lurker99

03/31/04 9:00 AM

#14735 RE: dieselfuel #14727

It appears if you rollover 401(k) to Roth IRA you will have to pay taxes on the entire distribution. If rollover to a REGULAR IRA, you don't have to pay taxes.

What may be best is to roll over to Regular IRA, initially and later investigate the option of rolling over (from Regular IRA) to Roth IRA depending on your tax bracket for the year.