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Author Topic: Can I recharacterize from Trad IRA to Roth back to Trad IRA?  (Read 521 times)

shanaling

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Can I recharacterize from Trad IRA to Roth back to Trad IRA?
« on: October 12, 2021, 10:39:53 PM »
So financial situation has changed.. feeling dumb but just wondering

At first I contributed $6k into Trad IRA.

Then recharacterized it to Roth. Thats $6299 including earnings.

Now I’m thinking.. can I recharacterize the $6299 back to Trad?

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MDM

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Re: Can I recharacterize from Trad IRA to Roth back to Trad IRA?
« Reply #1 on: October 14, 2021, 01:47:02 AM »
Based on Recharacterize a recharacterization? - Bogleheads.org it appears the answer is "no."  See that thread and link therein for more.
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shanaling

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Re: Can I recharacterize from Trad IRA to Roth back to Trad IRA?
« Reply #2 on: October 14, 2021, 08:05:04 AM »
Thank you!
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