Author Topic: Repeal of special rule permitting recharacterization of Roth IRA contributions  (Read 948 times)

BMEPhDinCO

  • 5 O'Clock Shadow
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Part of the newly proposed tax bill includes a lot of repeals for things that people looking towards early retirement depend on. One example is the proposed repeal of Roth IRA recharacterizations to IRA contributions.

Any thoughts? Should we all be changing over in the two months?

Here's the bill if anyone's interested:

https://waysandmeansforms.house.gov/uploadedfiles/bill_text.pdf

boarder42

  • Walrus Stache
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i dont know what you mean by this.  This doesnt eliminate the roth ladder that we all plan to use.  congress likely will never do that as it gets them tax dollars today vs tomorrow.  this has more to do with the IRA horse race and closing that loop hole.