Can I rollover 401k to Roth IRA after job termination?
How can I rollover 401k to Roth IRA directly?
No, you can NOT convert from 401k (any employer retirement plan) account to Roth IRA directly!
But indirectly you can achieve this rollover in following two steps!
- If you are eligible to rollover 401k, then rollover to Rollover IRA which is kind of Traditional IRA.
- Then if you are eligible for conversion, then convert the Rollover(Traditional) IRA to Roth IRA.
