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Can I recharacterize and then reconvert an IRA?

April 26, 2017IRA recharacterize reconvert

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Can I recharacterize and then reconvert an IRA?

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Yes. If you have recharacterized your Roth IRA back to a Traditional IRA, you may be able to reconvert to a Roth IRA. Remember: the rules and requirements to qualify for a recharacterization can be complex,You should consult a tax advisor to more fully understand the rules surrounding reconversions, including the required waiting period.