Guest Shelton Posted March 26, 2002 Posted March 26, 2002 If someone rolls over after tax contributions from a qualified plan to an IRA 1. Should the after tax amount be kept separate from other pre-tax assets? 2. Can this amount be converted to a Roth IRA? 3. If the amount is in a separate IRA, can only the amount be converted or does the form 8606 treatment apply as it does to non-deductible contributions? Thanks
BPickerCPA Posted March 27, 2002 Posted March 27, 2002 1. No reason 2. yes 3. Form 8606 treatment Barry Picker, CPA/PFS, CFP New York, NY www.BPickerCPA.com
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