If I were to take a total distribution from a pension plan and roll it into a Roth IRA, will that distribution be taxable?

If I were to take a total distribution from a pension plan and roll it into a Roth IRA, will that distribution be taxable?
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1 Answer

Answer :

answer:Short answer is yes. You will add it to your income for that year, then add a 10% penalty on top of your effective tax rate for that specific portion of money. If you have a lot of years before retirement, it is worth it.
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