UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next
Author: wcfenton Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75636  
Subject: Re: LIMIT ON #OF IRA CONVERSIONS TO ROTH? Date: 12/20/2003 4:02 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 1
--------
My income was very limited this year but we have lots of tax deductions so I thought this would be a good year to do conversions from my IRA to ROTH because I can easily absorb the regular income from the conversions into my taxable income. Now I am wondering, is there a limit to the number of
conversions one can make into one ROTH account within the year? I'm
rather sure there is no $$ limit but I'm getting worried about the
number of different conversion transactions I can do. I know there
is a very knowledgable author here who will give me a correct answer
and for that I thank you in advance.

--------

I'm not an authority, however, the Fairmark Press "Tax Guide For Investors" and their article on Roth Ira Conversion Eligibility might give you a good start:

http://www.fairmark.com/rothira/eligible.htm

Regards,
Bill

Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Post of the Day:
Apple

Apple and Ninety Years Ago
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement