Conversion question

I have a client under age 59 1/2 that contributes to his company 401(k) pre-tax and wants to convert money within the plan to Roth 401(k). Assuming the plan will allow him to do so, would he be subject to a 10% penalty due to the fact he is under 59 1/2. Taxes would be paid out of pocket for these conversions.



In-plan Roth Rollovers are not subject to any early-distribution penalty.

Thank you for confirming that for me.

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