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I have a 401K from a former employer which I would like to rollover into a Roth IRA account. I do not have a Roth IRA as of now, but can start one anytime. I have not been able to find out any information on converting to a Roth IRA. I know I will have to pay taxes and that would not be a problem as my deductions will cover most if not all of the taxes. Can I rollover my old 401K into a Roth IRA?
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