FAQ's: Rollover Questions
  Question Are there any penalties for rolling my money?  
 
 
  Answer No. You will not be taxed or penalized for rolling assets between qualified retirement plan accounts. You only pay taxes when you take a distribution from the account.

Exception: Since Roth IRA accounts are funded with after-tax dollars, you will be required to pay the taxes on rollovers to a Roth IRA.

 


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