Your Questions: Roth Conversions and Backdoor Roth IRA
Directed IRA Podcast
Importance of Five-Year Conversion Clock and Allocating Ownership of Multi-Member IRA-LOCs
This chapter discusses the significance of the five-year conversion clock for individuals approaching 59 and a half. The hosts also address a question about multi-member IRA-LOCs and explain the importance of allocating ownership based on dollars invested to prevent prohibited transactions.
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