Author Topic: Recharacterization within same year  (Read 3843 times)


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Recharacterization within same year
« on: April 08, 2019, 06:34:34 PM »
I am probably on the cusp this year of qualifying or not qualifying for a traditional IRA. I would like to go ahead and front load one of the accounts as I have future uses for the Roth. I have some increases in income that are possible that might bump me out of qualifying for a traditional IRA. So that being it a mess to recharacterize? Part of me just thinks I should stop hemming and hawing, put in Roth, and I can always change later/end of year if my income turns out to be lower. Make sense?


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Re: Recharacterization within same year
« Reply #1 on: April 08, 2019, 06:54:28 PM »
Makes sense.

Recharacterizing a contribution is a simple process. It usually requires mailing in a form.