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| Subject: Trad IRA to Roth Conversion | Date: 6/14/2008 1:19 PM | |
| Author: cstillwell55 | Number: 101046 of 118619 | |
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In my traditional IRA I have some contributions which were non-deductible. Can I convert those funds over to my Roth IRA without tax consequences or is there an income limitation for doing that? My wife and I file jointly and are under the income limitations for contributing to a Roth, but I thought I heard somewhere that the income limitation for doing a conversion was lower than the contribution limitation. ~Stillwell |
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