Roth means the money is taxed before it goes in, then grows and can be taken out for retirement tax free.
It’s the reverse of a normal 401k or IRA, where you don’t pay taxes on the money going in, but do when it comes out.
Because the tax rules are opposite you can’t transfer from one to the other generally. There may be some way. It it’ll probably mean a bunch of taxes need to be paid at the time.
Roth means the money is taxed before it goes in, then grows and can be taken out for retirement tax free.
It’s the reverse of a normal 401k or IRA, where you don’t pay taxes on the money going in, but do when it comes out.
Because the tax rules are opposite you can’t transfer from one to the other generally. There may be some way. It it’ll probably mean a bunch of taxes need to be paid at the time.