Roth IRA contributions with 2 different companies
I made Roth IRA contributions in 2010, 2011 and 2012 with one company. Considering making 2013 Roth IRA contribution with second company, leaving the 2010-2012 contributions with the original company. Does this create two different Roth IRA start dates?
Permalink Submitted by Alan - IRA critic on Sun, 2013-01-06 18:04
No. The 5 year holding period starts in the year of your first Roth IRA contribution regardless of custodian changes. Your Roth holding period started 1/1/2010 if the 2010 contribution was your first.