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[quote=Anonymous]DCUM experts, please educate me. So, my company is offering two new features in the company sponsored 401k plan - Roth after tax contributions and Roth in plan conversions. I currently have about 320k (160k contribution and 160K earnings). If I sign up for the in-plan conversion, what is the tax implications? Do I have to pay the tax (all of it) next April? What do you see it as pros and cons of conversion? I'd like to convert but not sure if I can pay lump sum tax bill next year. How does this work? TIA[/quote]
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