Russ
December 8th 03, 10:00 AM
I've got a small traditional IRA (about $8000) that I contributed to
long ago and I recently opened a Roth IRA that I am currently
contributing to.
Two questions:
1. Can my wife set up direct deposits to the Roth IRA that I opened?
Since we're married can we contribute the married max amount to it?
2. Would I benefit from rolling the traditional IRA over to a Roth?
If I do, how much tax money will I have to come up with?
I'm 31 years old.
long ago and I recently opened a Roth IRA that I am currently
contributing to.
Two questions:
1. Can my wife set up direct deposits to the Roth IRA that I opened?
Since we're married can we contribute the married max amount to it?
2. Would I benefit from rolling the traditional IRA over to a Roth?
If I do, how much tax money will I have to come up with?
I'm 31 years old.