<prompt> Human: I feel like Im missing something here.. My understanding is that you can take out money of your IRA from your contributions, but you cant do that with 401k without penalty before youre 59.5.So why not just roll over, assuming a traditional 401k rolling over to traditional IRA doesnt have any tax implications?  <response>: If you take a distribution from the conversion money in your Roth IRA within five years after the conversion, the early distribution penalty will apply even though the distribution isnt taxable. Also, you can take out contributions from a Roth IRA. Not a traditional IRA. 