No. of Recommendations: 0
Greetings, Jimpags, and welcome. You asked:

<<This year we converted my wife's SEP IRA to a Roth. Are we allowed to make the $2,000 yearly contribution this year? The information we received from Janus makes it sound like we can't contribute in the year of the conversion. Any information or guidance is greatly appreciated.>>

The conversion has no effect on your or your wife's ability to contribute to either a Roth or a traditional IRA this year. If you are eligible for a contribution based on income, etc, have at it.

Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
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.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! 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.