Submitted by Livids-Pomegranate t3_10q7xgi in personalfinance
BouncyEgg t1_j6oe73s wrote
Reply to comment by Livids-Pomegranate 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
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.
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.
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