Guest kblsnbts Posted May 30, 2003 Posted May 30, 2003 I converted 4 traditional IRA’s to Roth IRA’s in 1998. I would now like to consolidate the four into one Roth IRA. As far as I know this is not an issue. Once the consolidation has been completed, though, I would like to begin making annual contributions. Can someone please explain to me the contributory rules for converted Roth IRA’s. I don’t plan to take any distributions from this IRA until retirement, which is 30 years in the future. Thanks for the reply!
John G Posted May 30, 2003 Posted May 30, 2003 There was a period of time when keeping IRAs separate was an issue, but that has all passed now. Speak to your custodian - you should not have any problems contributing to the consolidated Roth account.
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