Viewing a single comment thread. View all comments

Livids-Pomegranate OP t1_j6odrjg wrote

Reply to comment by BouncyEgg in Trad to Roth IRA-Didn’t know it was a one time rollover by Livids-Pomegranate

I’m reading about One indirect IRA rollover a year

1

BouncyEgg t1_j6oe73s wrote

> I’m reading about One indirect IRA rollover a year

Conversion /= indirect rollover

Friend... they are separate and distinct things.

You did not perform a rollover.

You performed a conversion.

Rollover rules do not apply to you.

Unless... you didn't actually perform a conversion. Maybe you should go back and clarify with your brokerage exactly what it is you did.

2

Livids-Pomegranate OP t1_j6oezfv wrote

I moved money from a Trad to Roth IRA. So I believe this is a conversion. I believe customer service was incorrect to tell I can only do 1 a year.

1