Can I take a monthly IRA distribution to my bank account, but later move each monthly amount into my Roth IRA and have each transaction be treated as a Conversion?

Forum|Forum|5 years ago
December 31, 2020
2 replies
23 views

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Bsch4477

Level 15

Y es, if the conversion is made within 60 days and the IRA withdrawal was not a required minimum distribution.

macuser_22

Alumni - Champ

deleted - misread question.

**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.**

Can I take a monthly IRA distribution to my bank account, but later move each monthly amount into my Roth IRA and have each transaction be treated as a Conversion?

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