Client Login Contact
Innovative Entrepreneurial Experienced
Return to: Blog

TRADITIONAL IRA TO ROTH CONVERSION DEADLINE APPROACHES

August 17, 2012
Tags:

October 15, 2011
This deadline is actually October 17th for 2011 since the 15th is on a Saturday this year. It is:

• the last day to complete a Roth recharacterization for a 2010 Roth conversion
• the last day to recharacterize a 2010 contribution 
• the last day to remove an excess or unwanted 2010 contribution to avoid the 6% penalty for 2010

The deadline has been extended to October 31st for those taxpayers in federally declared disaster areas for Hurricanes Irene and Lee and for the Texas wildfires.