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You are going to see a lot of information on the recharacterization deadline for 2010 Roth conversions, which is rapidly approaching, so you should be able to figure out what you need to do to accomplish a recharacterization. I want to answer the most crucial question for you, the one that confuses many people, and the one that is left out of most articles. When the form says how much do you want to recharacterize, what do you put down?

I have a client that lived here under a Green Card and created an IRA account. She was married to...

Click to read 3 things you need to know about Roth recharacterizations.

I have a client who was recently divorced age 47 and is receiving retirement plan money from the ex. One...

Approaching as quickly as a Caribbean hurricane is October 17, 2011, the day of reckoning for undoing 2010 Roth conversions. A recharacterization means reversing your Roth IRA conversion as if it never happened. Once this date passes, most individuals who made 2010 conversions that they did not recharacterize will be irrevocably locked into them as well as their accompanying tax bills.

I have a client who asked if they can still contribute to their 401K after 70.5? Also, can the company...

Friend died and left $1million IRA to his estate. His will stated that 9 nieces/nephews and 2 charities will split....

SUBJ: In-Service Withdrawal of After Tax 401K Funds into Roth and Traditional IRAs I would like to get a ruling...

Hi, My question is as follows: Let’s say you have a 401K fully vested and worth $200K. You take a...

I understand that a Roth IRA must be distributed by the end of the fifth calendar year after the year...