The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Roth Conversion Question||Date: 12/22/2010 11:17 PM|
|Author: AcmeFool||Number: 67916 of 76421|
I have a quick question -- Is there an income limit on Roth IRA conversions in 2011?
I know it was removed for 2010, but I cannot recall if this is a one-year thing or if it is true for future years as well. If it is still going to be true, then I can contribute to my wife's T-IRA in January and immediately convert to her Roth IRA before it can increase in value...meaning she is effectively making a Roth IRA contribution since she does not have any pre-tax IRA accounts.
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|