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+--- Thread: Rolling over IRA's (/showthread.php?tid=1385)
Rolling over IRA's - Jetsett - 11-02-2015
I'm just starting out in the whole Financial Independence World and have a question that I hope someone could answer for me. I have been reading posts about how people are using their IRA's to role over into their Roth IRA's and I do not quite grasp the whole concept and I was wondering if someone could explain that to me? If I could even get a link or a book recommendation for this I don't doing the research myself. Thanks in advance.
RE: Rolling over IRA's - ChadR - 11-02-2015
If it is a pretax IRA, the amount rolled into a ROTH IRA will be income to you.