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Full Version: What funds to include in converting from IRA to Roth
BenefitsLink Message Boards > Retirement Plans > IRAs and Roth IRAs
eunice
My filing status is married filing jointly. If I want to
convert my traditional IRA to Roth, do I only consider my IRA funds, or do I need to include my spouse's too? Also, do
I need to include 401(k) funds?
BPickerCPA
You can only convert your IRAs, or only your wife's, or both, or neither. You can also convert part of any IRA. You cannot directly convert a 401k account.
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