© 2026 Forbes Media LLC. All Rights Reserved.

© 2026 Forbes Media LLC. All Rights Reserved.

You'll owe income taxes in the year you convert Tobi is a crypto writer at Investopedia. He aims to simplify the complex concepts of blockchain and cryptocurrencies for the masses. Andy Smith is a ...

401(k) to Roth IRA conversion requires you to pay taxes on the converted amount in the year of the conversion. Check with your employer to learn if you're eligible to make a direct 401(k) to Roth IRA ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...