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Greetings, Mac, and welcome.

<<From what I gather, now that I have created a Roth Conversion IRA, it becomes a "closed" account in that I can no longer add money to it. In order to add money, I must establish a totally separate ROTH CONTRIBUTORY IRA with a different account # and a very unconsolidated statement. Has this been other investors experience with the ROTH Conversion IRA?>>

Currently, many Roth providers are following this procedure based on a recommendation of the IRS. However, there is a technical correction to Roth law that will negate this procedure and make it totally unnecessary to have separate conversion and contributory Roth IRAs. When that correction passes, providers will allow consolidation of these accounts. Be patient and the idiocy will end -- soon I hope.

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