Is there an establishment deadline for converting a self-directed Traditional IRA to a self-directed Roth IRA?
Yes. If you convert to a Roth IRA through either a trustee-to-trustee transfer or by re-designating funds held by a trustee to a Roth IRA, you will need to do so by December 31st of that calendar year. If, however, you elect to convert to a Roth IRA by distributing assets from your Traditional IRA and then personally transferring them to a Roth IRA, you will need to distribute such assets by December 31st of that calendar year and you will then have 60 days after such assets are distributed to deposit them into a Roth IRA.
