Question

 Can I open an IRA with after-tax dollars& then roll it into a ROTH?

Answer You can only make after-tax contributions to a traditional IRA if you or your spouse are covered by an employer retirement plan and your adjusted gross income exceeds the annual limits. However, if... Read More »
http://www.answerbag.com/q_view/2037954

Top Q&A For: Can I open an IRA with after-tax dollars& then ...

Can I roll a 401(k) to a Roth IRA?

Yes, you can roll a 401k plan into a Roth IRA. However, because you are moving money from a tax-deferred account into an after-tax account, you must include the amount of the conversion as taxable ... Read More »
http://www.answerbag.com/q_view/2200199

Can you roll over a Roth IRA?

Roth IRAs can only be rolled over into another Roth IRA account, according to the Internal Revenue Service. You may want to roll over a Roth IRA into another Roth IRA to change your investment stra... Read More »
http://www.answerbag.com/q_view/2065640

Can you roll a Roth IRA into a traditional IRA?

You cannot roll over money from a Roth IRA into a traditional IRA. The Roth IRA is an after-tax retirement account and the Internal Revenue Service does not permit any after-tax retirement account ... Read More »
http://www.answerbag.com/q_view/2143171

Can you roll your 401k into a Roth IRA?

According to the Internal Revenue Service, you are allowed to roll your 401k plan into a Roth IRA. However, you will have to include the amount of the conversion as taxable income in the year of th... Read More »
http://www.answerbag.com/q_view/2065639


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