I just read the fool.com roth ira part vilearning that for tax year 2000 one can no longer recharaterize one's roth ira and reconvert back to the roth ira within the same year.I converted shares from trad ira to roth in Jan-00.Then in Feb-00 I recharaterized them back to thetrad ira and converted them back to the roth iradue to the recent stock pull backs. Having just learned about this new rule, this soundslike a failed converison. My question:Can I still leave the shares in the roth ira at theJan-00 price and ignore the Feb-00 recharaterizationand converison back to the roth ira? Or will the shares now be stuck in the trad ira until the one year waiting period is up in Jan-01?Thanks.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra