Guest dap Posted December 9, 1998 Posted December 9, 1998 If one converted to a Roth in August and then later recharacterized to the traditional IRA and now finds that the original August conversion date will be most beneficial, is there a way to recharacterize backwards to the original conversion date? Is there a way to just "undo" the recharacterization? (Market timing is tough and made tougher by brokerage firms paper processing delays.)
BPickerCPA Posted December 10, 1998 Posted December 10, 1998 No. The recharacterization is irrevocable. Barry Picker, CPA/PFS, CFP New York, NY www.BPickerCPA.com
Recommended Posts
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 accountSign in
Already have an account? Sign in here.
Sign In Now