Save this column. Someday you will have a client who needs this remedy. Since 1998 (when Roth IRAs were invented), Section 408A(d)(6) of the Internal Revenue Code has permitted a taxpayer to ...

Hi, I retired and got a distribution from my company in 2010. I thought I wanted to make it into a Roth but when seeing the taxes, decided against doing it. Schwab issued a 1099 and then send the ...

HR 1 makes Roth IRA conversion recharacterizations a thing of the past, but is silent on whether recharacterizing 2017 Roth IRA conversions in 2018 will be permitted. The December 22 tax reform ...

After all the hoopla around Roth conversions in 2010, now is the time to consider whether or not a recharacterization is in your future. So what is a recharacterization, and how does it work?

One provision in the new tax reform law is quite applicable to your financial planning. For tax years beginning after Dec. 31, 2017, the Tax Cuts and Jobs Act repealed the option to recharacterize a ...

Find out when using this option is a smart move. Doing a Roth IRA conversion lets you earn unlimited tax-free growth for as long as your money stays in the retirement account. But one of the biggest ...

The new tax law ended Roth recharacterizations, effective for conversions done in 2018 and later years. However, there is still a window of opportunity to reverse 2017 Roth conversions. But that ...

More younger investors opt for Roth conversions, but many are unaware of 'undo' options. BOSTON (TheStreet) -- Although the deadline for doing so is fast approaching, a survey by Fidelity Investments ...

The new tax law eliminated the ability to recharacterize Roth IRA conversions. However, the IRS subsequently announced that any Roth IRA conversions completed in 2017 could still be recharacterized ...

Q. Last year I converted a fairly large amount of my IRA to a Roth IRA. Now, due to the recent declines in the stock market, some of my holdings are worth considerably less than when the conversion ...