Author Topic: Wyden Proposal would eliminate Traditional IRA -> Roth IRA Conversions  (Read 1391 times)

frugally

  • Stubble
  • **
  • Posts: 135
    • Welcome to the Woods
Looks like in an effort to remove the backdoor Roth IRA, this senate draft bill proposal would also eliminate deductible IRA/401k contribution conversions into your Roth accounts.

Here is a link to find your state's senators so you can give them your opinion about the bill.

Credit goes to this reddit thread for the news.

pdxmonkey

  • Bristles
  • ***
  • Posts: 358
Re: Wyden Proposal would eliminate Traditional IRA -> Roth IRA Conversions
« Reply #1 on: October 26, 2016, 07:50:36 PM »
Well then....checks ballot to see who's up for reelection this year.

terran

  • Magnum Stache
  • ******
  • Posts: 2901

frugally

  • Stubble
  • **
  • Posts: 135
    • Welcome to the Woods
Re: Wyden Proposal would eliminate Traditional IRA -> Roth IRA Conversions
« Reply #3 on: October 26, 2016, 08:30:02 PM »
Ah thanks terran, didn't see that.