Question

 What year did the government allow regular IRAs to roll over to Roth IRAs?

Answer Roth IRAs were formally legislated as a result of the Taxpayer Relief Act of 1997. This legislation permitted new Roth IRAs to be created for tax year 1998 as well as the "conversion" of traditiona... Read More »
http://www.answerbag.com/q_view/2092066

Top Q&A For: What year did the government allow regular IRAs...

What year did Westart start to allow regular IRAs to roll over to Roth IRAs?

The year traditional IRAs were first allowed to covert into Roth IRAs was 1998. This was established by the Tax Payer Act of 1997 that became effective on January 1, 1998.Source:Congressional Budge... Read More »
http://www.answerbag.com/q_view/2128716

How to Roll Over Traditional IRAs to Roth IRAs & Change Brokers?

Traditional individual retirement accounts are tax-deferred savings vehicles helping investors save money to supplement retirement income. The money put into traditional IRAs is pretax money and ad... Read More »
http://www.ehow.com/how_7352385_roll-roth-iras-change-brokers.html

How Much Can I Contribute to SEP Traditional IRAs and Roth IRAs?

SEP plans, traditional IRAs and Roth IRAs have changed dramatically over the years. Maximum contribution amounts to each of these have changed almost annually, and are subject to future adjustments... Read More »
http://www.ehow.com/how_6825302_much-traditional-iras-roth-iras_.html

Are IRAs at Brokerage Houses Insured by the Federal Government?

No. Investments at brokerage houses are protected by the Securities Investor Protection Corporation (SIPC), which will cover your losses up to $500,000 in the event of brokerage house failure or fr... Read More »
http://www.answerbag.com/q_view/1903687


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