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I said:

<<.3. If we make Roth contributions and end up over the limit, I understand we can redesignate those as traditional IRA contributions. What is the timeframe for having this done by? Would my wife's still be deductable at that point?>>

When you say "over the limit," I assume you mean you exceeded the $160K AGI limit for a Roth contribution and do not mean you contributed more than $2K to the IRA. If that happens, then you can (as you noted) redesignate the contribution as one made to a traditional IRA. That redesignation would be deductible for your wife, but yours would not be.


I should have added that you have until the time you file taxes for 1999 (4/15/99 for most folks) to complete the redesignation.

Regarrds....Pixy
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