{ "media_type": "text", "post_content": "I’m planning to leave my current employer in January. Have some money in traditional 401k. Wanted to move all into Roth IRA tho.... What’s the consequences of this move? Pay the tax on it? Anything else that I should keep an eye on? Appreciate any advice!", "post_id": "5fda3bc90da7bd002ba92871", "reply_count": 1, "vote_count": 2, "bowl_id": "5b3f7377ab53db00136f7b4c", "bowl_name": "FIRE Financial Independence Retire Early", "feed_type": "bowl" }

I’m planning to leave my current employer in January. Have some money in traditional 401k. Wanted to move all into Roth IRA tho.... What’s the consequences of this move? Pay the tax on it? Anything else that I should keep an eye on? Appreciate any advice!

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Yup, you’ll have to pay that tax

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