Roth IRA, Traditional IRA, 401K » impact http://www.iraroth.net IRA Questions and Answers Tue, 17 Jan 2012 00:09:43 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Q&A: Does transferring a Roth IRA to another institution impact the five year rule for qualified distributions? http://www.iraroth.net/2011/03/qa-does-transferring-a-roth-ira-to-another-institution-impact-the-five-year-rule-for-qualified-distributions/ http://www.iraroth.net/2011/03/qa-does-transferring-a-roth-ira-to-another-institution-impact-the-five-year-rule-for-qualified-distributions/#comments Fri, 25 Mar 2011 22:24:47 +0000 admin http://www.iraroth.net/2011/03/qa-does-transferring-a-roth-ira-to-another-institution-impact-the-five-year-rule-for-qualified-distributions/ Question by Mike201JC: Does transferring a Roth IRA to another institution impact the five year rule for qualified distributions?
If I transfer a Roth IRA from one financial institution to another, will the five year waiting period for tax-free qualified distributions be impacted, or will it still be calculated from the date I first contributed to the IRA at the original institution?

Best answer:

Answer by Bash Limpbutt’s Oozing Cyst©
No, rollovers between like type accounts (i.e. Roth to Roth) do not affect the calendar at all.

Add your own answer in the comments!

]]> http://www.iraroth.net/2011/03/qa-does-transferring-a-roth-ira-to-another-institution-impact-the-five-year-rule-for-qualified-distributions/feed/ 3 Roth conversion may impact financial aid http://www.iraroth.net/2010/05/roth-conversion-may-impact-financial-aid/ http://www.iraroth.net/2010/05/roth-conversion-may-impact-financial-aid/#comments Sun, 23 May 2010 01:47:43 +0000 admin http://www.iraroth.net/2010/05/roth-conversion-may-impact-financial-aid/ Roth conversion may impact financial aid
A Roth conversion could impact your student’s financial aid package, but you can address the problem.

Read more on Bankrate.com via Yahoo! Finance

]]> http://www.iraroth.net/2010/05/roth-conversion-may-impact-financial-aid/feed/ 0 How does my employer contributions to a SEP IRA impact my Traditional IRA? http://www.iraroth.net/2010/04/how-does-my-employer-contributions-to-a-sep-ira-impact-my-traditional-ira/ http://www.iraroth.net/2010/04/how-does-my-employer-contributions-to-a-sep-ira-impact-my-traditional-ira/#comments Mon, 05 Apr 2010 21:57:14 +0000 admin http://www.iraroth.net/2010/04/how-does-my-employer-contributions-to-a-sep-ira-impact-my-traditional-ira/ First, I do not need a link to an IRA FAQ that talks about various circumstances governing IRA contributions. Read my question and answer it, do not answer an imaginary generalized IRA question.

I just want to know, do contributions to an SEP IRA by my employer have any impact on my ability to fund a Traditional IRA to the normal limit and deduct my contributions. Assume that if the SEP IRA didn’t exist, I could contribute and deduct the full 4000 this year.

]]> http://www.iraroth.net/2010/04/how-does-my-employer-contributions-to-a-sep-ira-impact-my-traditional-ira/feed/ 1 If my employer funds a SEP IRA in my name, does that impact my Traditional IRA contribution limit? http://www.iraroth.net/2010/02/if-my-employer-funds-a-sep-ira-in-my-name-does-that-impact-my-traditional-ira-contribution-limit/ http://www.iraroth.net/2010/02/if-my-employer-funds-a-sep-ira-in-my-name-does-that-impact-my-traditional-ira-contribution-limit/#comments Sun, 28 Feb 2010 16:35:21 +0000 admin http://www.iraroth.net/2010/02/if-my-employer-funds-a-sep-ira-in-my-name-does-that-impact-my-traditional-ira-contribution-limit/ Links to sites with information are appreciated.

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