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URL:  https://boards.fool.com/greetings-ngerm1963-and-welcome-you-asked-i-14119662.aspx

Subject:  Re: A question Date:  1/16/2001  8:33 AM
Author:  TMFPixy Number:  27228 of 105386

Greetings, ngerm1963, and welcome. You asked:

I have a non Roth IRA and a 401 K. All of the contributiions to the IRA were in after tax dollars. Can I convert to a roth? Is the conversion a non taxable event as they $ in the IRA was after tax dollars?

Yes, you may convert your IRA to a Roth IRA and pay income taxes only on any earnings above and beyond your contributions.

Regards..Pixy
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