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Strategies & Market Trends : Roth IRA ideas

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To: Michael G who wrote (91)	4/3/1998 10:24:00 PM
From: mod	Read Replies (2) of 388

<<I was told today that if you rollover a traditional IRA into a Roth, you can no longer contribute to that Roth. You can open up a NEW, separate Roth IRA, but that one is frozen to new contributions. Is that true?>> Yes. You can have both a conversion Roth and a new money Roth, if you qualify, but they have to be kept separate. You can't add new money to a conversion Roth. Dennis

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