No. of Recommendations: 0
<<Am I to understand that there is no current law covering traditional-to-Roth transfers? That the law is still in the works and could change to anything that Congressional whimsy dictates?>>

Others have answered this generally. I just want to point out that the main thing up in the air was how Congress will treat distributions following a rollover. The original law was *too* generous, creating a loophole for those who wanted to avoid penalties on early withdrawal. We knew right away that Congress would fix this, but the question was how. It now appears that the fix will be done in a very reasonable, taxpayer-friendly way.

KAT in Chicagoland
http://www.fairmark.com
Tax Guide for Investors
Includes the latest information on
Roth IRA technical corrections
Print the post  

Announcements

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.
Advertisement