Reply To: taxable rollover to Roth when married filing separately

Home Fairmark Forum Retirement Savings and Benefits taxable rollover to Roth when married filing separately Reply To: taxable rollover to Roth when married filing separately

#1370
Alan S.
Participant

This could not be done filing MFS until 2010. Effective in 2010 along with the income limit for Roth conversions being eliminated, the MFS restriction was also removed. Therefore, starting in 2010, you can roll non Roth retirement funds into your Roth IRA with no filing status or income restrictions.

However, starting this year your ability to recharacterize such a rollover has also been eliminated, so you must be real sure that the tax liability created by such a rollover is affordable and acceptable to you.