Exchange Currency

recharacterization

An action consisting of reversing the conversion of an IRA from one type to another. For example, the conversion of a traditional IRA into aRoth IRA may be recharacterized, returning the relevant funds to the traditional IRA.

Related information about recharacterization:
  1. Roth IRA Recharacterization 2012: Undoing a Roth Conversion ...
    Mar 5, 2012 ... Nearly everyone is an excellent candidate for a Roth conversion this year. If you failed to convert money from an IRA to a Roth IRA last year, ...
     
  2. Recharacterization Definition | Investopedia
    The treatment of a contribution as being made to another type of IRA instead of the IRA to which the contribution was initially made.
     
  3. Recharacterizing Your IRA Contribution Or Roth Conversion
    Sep 24, 2003 ... Some financial institutions will process the recharacterization by simply changing the ... Calculating the Earnings/Loss for a Recharacterization ...
     
  4. 4 Roth recharacterization considerations | Bankrate.com
    You can change your mind about converting a Roth, but don't decide to do a Roth recharacterization until you think about these four issues.
     
  5. Recharacterization Rules
    Jan 24, 2008 ... Eligible contributions. Some types of contributions are eligible for this treatment, and others are not. Yes: conversion contributions. When you ...
     
  6. Fidelity IRA Request for Recharacterization form (PDF)
    The IRS allows you to treat certain IRA contributions made to one type of IRA as having been made to a different type of IRA. This is known as “recharacterization ...
     
  7. IRA recharacterization - Bogleheads
    Dec 29, 2011 ... If you made a conversion of a Traditional IRA to a Roth IRA, or contributed to either one, you can switch the type of IRA by doing a ...
     
  8. Recharacterization - Financial Dictionary - The Free Dictionary
    The reversal of a traditional IRA contribution or conversion into a Roth IRA, or vice versa. Recharacterization. In IRAs, the act of making a contribution to a certain ...