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Subject:  Re: IRA Date:  11/21/1998  3:47 PM
Author:  TMFPixy Number:  6708 of 101509

Greetings, Sanren, and welcome. You asked:

<<On July i converted my Traditional IRA to a Roth IRA does this mean that i cannot contribute to the Roth IRA this year???>>

No, conversions/rollovers/transfers from another IRA have no impact on nor do they count as any part of the annual $2K contribution you may make to an IRA. However, that annual contribution may not exceed $2K regardless of how many IRA you will make contributions to, be that $1 in 2,000 IRA or $2K in one IRA.


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