scccc- OP t1_jegj928 wrote on March 31, 2023 at 9:14 PM

Reply to comment by DeluxeXL in Roth 401k Rollover to Roth IRA by scccc-

Lolll YES, they kept transferring me between their IRA and 401k department

scccc- OP t1_jegh13t wrote on March 31, 2023 at 8:59 PM

Reply to comment by Foreign_Afternoon_49 in Roth 401k Rollover to Roth IRA by scccc-

Thnxxx. That pre-tax thing and the reps I talked to just really confused me.

scccc- OP t1_jeggw40 wrote on March 31, 2023 at 8:58 PM

Reply to comment by DeluxeXL in Roth 401k Rollover to Roth IRA by scccc-

Thanks. Your answer is very precise and clear, unlike the fidelity description. I understand now

scccc- OP t1_jegcdc4 wrote on March 31, 2023 at 8:28 PM

Reply to comment by DeluxeXL in Roth 401k Rollover to Roth IRA by scccc-

It is very very close to how much earnings I see on the funds so I think it is my earnings. I’m assuming it’s because it’s a mutual fund that’s why it’s off. Does that mean if I do the rollover, its just going to maintain the tax deferred status and I’m not penalized or need to pay taxes on it immediately? Just as if I were to keep the funds in the 401k, but I’m just moving it’s location?