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.
Roth IRA Recharacterizations and The Death of the Stretch IRA
James Lange discusses the question, are Roth IRA Conversions legal and how you can change your mind after making a 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