Cynthiad66
Expert Alumni

Retirement tax questions

No.  A rollover of this type is separate from contributions.  

 

It is not considered as a contribution.  A regular contribution is the annual contribution you're allowed to make to a traditional or Roth IRA: up to $6,000 for 2020-2021, $7,000 if you're 50 or older (see IRA Contribution Limits for details). It does not include a conversion or any other rollover.

 

FAQ IRA

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