The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Re: Convert Losing IRA to ROTH||Date: 2/5/1998 4:11 AM|
|Author: stockmike||Number: 1738 of 122629|
" ALL individual IRAs are treated as one. So if your have multiple separate regular IRAs, some with gains, and some with losses, you can NOT pick and chose those that you want to convert."
I read through the 590 publication and found nothing indicating that I must convert all current "IRA's" to a ROTH in order to convert.
Maybe I mis-understood your comment. Could you please elucidate?
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