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Learning, Sharing, and Teaching => Investor Alley => Topic started by: BMEPhDinCO on November 03, 2017, 06:41:02 AM

Title: Repeal of special rule permitting recharacterization of Roth IRA contributions
Post by: BMEPhDinCO on November 03, 2017, 06:41:02 AM

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

Title: Re: Repeal of special rule permitting recharacterization of Roth IRA contributions
Post by: boarder42 on November 03, 2017, 06:46:00 AM

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.