No. of Recommendations: 0
It may be too late for those who are getting the notice from their brokers about needing two accounts but it seems to me that if a one opens a 1998 regular IRA before converting the 1997 regular IRA (and the new 1998) to a Roth, that you would have one Rollover Roth but with up to $4,000 in it which would reduce the odd lot transaction costs and would put off the expense of maintaining dual accounts till next year.
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