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After Tax Rollover- Conversion To Roth Ira?


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Guest Shelton
Posted

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

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