It depends on the specific circumstances of your Roth 401(k) and Roth IRA. In general, if you roll over funds directly from a Roth 401(k) to a Roth IRA, you should not owe taxes on the transfer. However, if there are any pre-tax contributions or earnings in your Roth 401(k), you may owe taxes on those amounts when rolling over. It's always best to consult with a tax professional or financial advisor to understand the tax implications of your specific situation.

Reported 4 months ago

The article discusses the tax implications of rolling over a Roth 401(k) to a Roth IRA. It explains that contributions and their earnings are not taxed when directly rolling over a Roth 401(k) to a Roth IRA, but pre-tax matching contributions from the employer would need to be rolled into a traditional IRA or subject to income taxes upon conversion. The article also highlights the five-year rule for Roth IRA accounts and the importance of consulting a financial advisor for guidance on retirement planning and rollovers.

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