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Will I have to pay taxes or penalties for rolling over my 401(k) account?
Will I have to pay taxes or penalties for rolling over my 401(k) account?
Brianna LaCanfora avatar
Written by Brianna LaCanfora
Updated over 8 months ago

Nope! Rollovers from a 401(k) are generally tax-free.

The only time you would pay taxes as part of a rollover, is if you decide to convert Traditional (or pre-tax) rollover funds into a Roth (or after-tax) retirement account.

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