Skip to main content
No. of Recommendations: 0
I am self employed 40 yr old and have managed to accumulate @40K in traditional IRA spread amongst 3 mutual funds. My plan is to get out of the mutuals and split my savings into a combined UV4 trading once every 18 months and Unemotional Growth trading every 3 months.

Can I convert all of my existing to Roth Ira and follow this strategy? Can I continue to add my IRS limit of $2,000/yr to my mew self directed plan? Can I add money to my portfolio in excess of the IRS tax defereed allowance and if so how is the tax owed calculated when starting to withdraw?

Thanks in advance for any coments.

Print the post  


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!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.