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JivyC
New Member

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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2 Replies

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?

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

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?

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.**

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