Tuesday, July 29, 2008

Converting an IRA Annuity to a Roth IRA

IRS Final Regulations

SUMMARY: This document contains final regulations under section 408A of the Internal Revenue Code (Code). These final regulations provide guidance concerning the tax consequences of converting a non-Roth IRA annuity to a Roth IRA. These final regulations affect individuals establishing Roth IRAs, beneficiaries under Roth IRAs, and trustees, custodians and issuers of Roth IRAs.

DATES: Effective date: These final regulations are effective July 29, 2008.

No comments:

Post a Comment