IRA ROTH transfer to (k) ROTH
Can an individual transfer their ROTH IRA to their employer 401(k) ROTH bucket or is this a prohibited transaction?
Can an individual transfer their ROTH IRA to their employer 401(k) ROTH bucket or is this a prohibited transaction?
Permalink Submitted by Alan - IRA critic on Thu, 2014-01-16 00:05
No, the Roth IRA cannot be transferred into any other type of account. Also, the Roth IRA has more favorable tax rules than a Roth 401k.