1 daughter in college who just got engaged (Hooray!), 1 daughter about to start UT in the fall, and another that will be a senior in HS next fall....I need this job. lol
You can convert the balance in your pre-tax traditional 401(k) account, but it will be taxed at your current tax rate in the year you convert it and you will have a higher than normal tax liability for that year. But once the balance is converted it will grow tax free in the Roth like normal...
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