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Recharacterize an ENTIRE traditional IRA to Roth
Hi,
I have a traditional IRA that has multiple years of contributions and gains. After reevaluating my retirement and tax strategy, I'd like to convert the entire traditional IRA to a Roth IRA.
Is it possible to recharacterize my *entire* IRA assets into a Roth IRA? Or is the backdoor roth limited to just the previous year's contributions?
Topics:
‎February 16, 2021
6:57 PM