Hi! I opened an account with Vanguard and deposited $5,500 to a Roth account last week. I did the same thing for my wife. The money is just sitting in the federal market fund and I haven't bought any index funds with it. $1.44 interest was added by Vanguard. I know I can recharacterize it back in a traditional IRA. But in the future, when I do Roth laddering, will I be able to transfer the money back into a roth? I read about converting from traditional to roth is fine but the new law prohibits reverting it back to traditional. Wondering if it's the same thing if it's the other way around.
Should I just leave it alone?