Jump to content

Is a Roth IRA subject to maximum limitation of its FMV and is it subje


Recommended Posts

Guest FIFO_kid
Posted

I am single 36yr old and the value of my Roth IRA has ballooned from the boom in technology stocks. I converted it 2 years ago at 176K to pay for the conversion I sold a principle residence at a gain and moved into a smaller place.

What is the maximum limitation to the value a Roth can be worth and will it be subject to excess distribution taxes and will my taxable 401 K be included in the calculation?

Posted

There are currently no limitations.

------------------

Barry Picker, CPA/PFS, CFP

New York, NY

www.BPickerCPA.com

Barry Picker, CPA/PFS, CFP

New York, NY

www.BPickerCPA.com

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 account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

Terms of Use