Guest CSL Posted March 10, 2001 Posted March 10, 2001 I opened a Roth IRA account this year and have saved up enough cash to pay for the taxes to convert my traditional IRA into a Roth IRA. Is that allowed?"
BPickerCPA Posted March 11, 2001 Posted March 11, 2001 Yes, as long as you realize that "this year" means 2001, and you meet the income limitations. Barry Picker, CPA/PFS, CFP New York, NY www.BPickerCPA.com
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