Disclaimer: Please note that the Tax Cuts and Jobs Act of 2017 removed the ability for taxpayers to do any “recharacterizations” of Roth IRA conversions after 12/31/2017. The material below was created and published prior the passage of the Tax Cuts and Jobs Act of 2017.
The Risk of Roth IRA Recharacterizations & The Death of the Stretch IRA
In this video, James Lange discusses the IRS’s point of view on whether or not it is legal to recharacterize your Roth IRA conversion and what is the best way to recharacterize your Roth IRA conversion.
Are you interested in learning more about the Death of the Stretch IRA legislation? You can watch Jim’s entire 1-hour webinar for free at: http://www.stretchirawebinar.com/.
Learn more about expected rule changes to the stretch IRA: https://www.paytaxeslater.com/stretch-ira