OmM1
Employee Finance Expert

Tax law changes

Hello Loufurut,

Thank you for your question.

The proposed changes to the Roth Conversion laws were part of Build Back Better but as you know this law did not pass the Congress; therefore for now nothing has changed for Roth conversions.

It appears though that this issue is not dead as yet and is still being considered in the Congress. For further details you may refer to the following new article, however I would like to add that TurboTax cannot validate it's content or accuracy, so please before acting on it, do your due diligence.

THE FUTURE OF ROTH IRAs 

Hope this answers your question, if not, please let me know.

 

 

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