What about a recharacterization of a roth to a traditional?

When I first opened my IRA, I chose to do a Roth since I had a very low income at the time and figured it would benefit me the most due to my low income. However, recently I found a new job with a higher income. Out of curiosity, I was wondering if it...

I am confused about an IRA recharacterization. In 2010, I distributed $16,000 from a traditional IRA to a Roth IRA. In March 2011, I recharacterized $2,900 (plus earnings = $3,065) back into a traditional IRA. I reported this recharacterization on my...

What is the difference between a Roth IRA and a Roth IRA term cd? Does the Roth Cd act like a regular cd but with tax free interest? When the Roth CD term is up, do I have to roll it over into another Roth Ira cd? If I end the Roth Cd at the end of the...

I've determined that a Roth 401k is better for my situation (young professional) than my traditional 401k to take advantage of employee matching. So now I've maxed my employee match. Should I invest more into a Roth IRA or keep investing into Roth 4...

I inadvertently ticked the box to withhold 10% tax on my 2012 IRA to Roth conversion, and my broker sent the withholding to the IRS. This resulted in only $4,500 of my $5,000 IRA contribution making it into the Roth. I am NOT asking how to get the tax...

I know that I can contribute to both Roth IRA and regular 401k to the maximum if my income is under the limit. However, as more and more companies offer Roth 401K, I am not sure if I can contribute to the maximum in Roth IRA when I am already contributing...

I am a college kid paying $634 a month for a year of rent. I plan to have that lowered to $500 for a single semester. I plan to open a Roth IRA, I know that after I withdrawal my savings it will be tax-free. I just read that within the Roth IRA; I should...

I'm a recent college graduate looking to invest in a vanguard target retirement fund 2050 sheltered in a roth ira account. I know the difference between a roth and a traditional roth ira. A roth is an aftertax contribution, and a traditional ira, you...

Philip Roth has dominated American literature ever since he crafted his first masterpiece, Goodbye, Columbus. And ever since that, epic comedies and unconquerable tragedies have been the status quo for Roth. Outside of the European literature circles...