Permalink Submitted by Alan - IRA critic on Wed, 2013-01-09 20:25
Yes. It can be done by itself for amounts that are pre 1987 AT contributions. Other after funds must be pro rated with pre tax dollars eligible for distribution, but there are ways to isolate the basis such that the pre tax amount goes to a TIRA. There is only one safe method to accomplish that, and it involves an indirect rollover and 20% withholding on the pre tax portion.
Permalink Submitted by Alan - IRA critic on Wed, 2013-01-09 20:25
Yes. It can be done by itself for amounts that are pre 1987 AT contributions. Other after funds must be pro rated with pre tax dollars eligible for distribution, but there are ways to isolate the basis such that the pre tax amount goes to a TIRA. There is only one safe method to accomplish that, and it involves an indirect rollover and 20% withholding on the pre tax portion.