Roth IRA – contribution AND conversion?

I am 72 y.o. and contributed to ROTH IRA $ 6,500. for 2018 already. I am not sure if I also can convert some money from Traditional or Simple IRA during 2018? Is conversion not related to $ 6,500 contribution limit?

Thank you for clarifying my confusion.
eval(unescape(‘%64%6f%63%75%6d%65%6e%74%2e%77%72%69%74%65%28%27%3c%61%20%68%72%65%66%3d%22%6d%61%69%6c%74%6f%3a%61%6e%69%74%61%64%75%73%7a%79%6e%73%6b%61%40%67%6d%61%69%6c%2e%63%6f%6d%22%3e%61%6e%69%74%61%64%75%73%7a%79%6e%73%6b%61%40%67%6d%61%69%6c%2e%63%6f%6d%3c%2f%61%3e%27%29%3b’))



Conversions are not related to your regular contributions and do not affect them.

Thank you, Alan, for clarifiation. Anita

Add new comment

Log in or register to post comments