u/Cool_Guest6597

Hi everyone,

I had opened a Fidelity rollover IRA earlier this year to bring my funds over from my old employer 401k plan.

I’ve already invested these dollars but I haven’t contributed to this rollover IRA account. I am currently contributing to my current 401k plan with my current employer. My household income is $300K+ so my spouse and I can’t contribute to a roth IRA account.

My question is can I convert my current rollover IRA account to roth? Or will there be tax implications?

Thanks!

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u/Cool_Guest6597 — 12 days ago