Waiting period for distributions from a converted trad IRA
If a taxpayer converts a traditional IRA to a Roth and pays the taxes. is the 5 year waiting period still in effect?
Thanks
If a taxpayer converts a traditional IRA to a Roth and pays the taxes. is the 5 year waiting period still in effect?
Thanks
Permalink Submitted by Al Fry on Thu, 2007-12-27 15:29
The 5-year waiting period for what? How old is the taxpayer?