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How a Roth IRA rollover can cause unforeseen problems

Por: Los Angeles Times Business January 08, 2023

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Dear Liz: I have been contributing to my young adult children's Roth IRA accounts for the past few years to get them started on retirement savings. My oldest just left her first job to go back to graduate school. Since her income will be low this year, I advised her to roll her defined contribution plan with her former employer into her Roth IRA to consolidate her retirement savings. Will this conversion affect the maximum amount that I can... + full article



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