- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
As defined in the tax code, the term "Roth conversion" only applies to the movement of funds from a traditional IRA to a Roth IRA, but because of the similarities it's not unusual to see the term used to describe a taxable rollover from a 401(k) to a Roth IRA even though it's not technically a conversion. That's why the word ROLLOVER appears next to line 5b.
‎February 22, 2024
6:17 AM