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Retirement tax questions
@Omar80 wrote:
Do you know if a rollover to a Roth IRA is subject to income restrictions? The direct contributions is clearly, but I couldn't tell for certain about rollovers.
A rollover is not a new contribution so there are no restrictions - you are simply transferring money from one tax deferred retirement account to another.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
‎September 26, 2021
7:28 PM