Does a rollover amount affect the Maximum Roth Contribution?

[Guest pinkcory]

I converted a small amount from a traditional IRA into a Roth. Does this amount affect the total contribution for the year?

In other words, does this contribute to the total $3000 contribution?

thanks,

Pinkcory

[Appleby]

No. It does not. You are eligible to make your regular IRA contribution providing you have eligible compensation . See page 8 of IRS publication 590 available at http://www.irs.gov/pub/irs-pdf/p590.pdf