Here's a sample of questions my clients commonly have about retirement plan rollovers.
Does a Roth IRA Count as an Asset in Insolvency Calculation for Cancelled Debt? Short answer is: yes.
Last month on Technical Tax Tuesdays, I wrote about Roth recharacterizations in general, and gave an example of a simple recharacterization. This month, I'll look at a more complex recharacterization. As mentioned in last month's column, the tax consequences of a Roth recharacterization are simple if no other money has been put into the Roth IRA [...]