Jump to content

Roth conversion + new deposits?


Recommended Posts

Guest Sunshine Karen
Posted

I've decided to convert my traditional IRA to a Roth. Can I deposit a new $2000 as well? (I meet the income rules). Thanks!

Posted

You legally can. For practical reasons I advise keeping them separate until after all recharacterization deadlines have passed.

Barry Picker, CPA/PFS, CFP

New York, NY

www.BPickerCPA.com

Guest Sunshine Karen
Posted

Thank you so much for your help, Barry. I've been reading and reading and can't find any that says I can't - but it is nice to have the statement that I can. I will take your advice and open a separate one. This forum is a great resource. Thanks again!

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

Terms of Use