Recharacterization
Barron's Finance & Investment Dictionary:
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Recharacterization
treatment of an IRA contribution of one type as a contribution to another type, such as a conversion of assets from a traditional IRA to a roth IRA.
| Recession, Receiver’s Certificate | |
| Reclamation, Record Date |
Investopedia Financial Dictionary:
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Recharacterization
The treatment of a contribution as being made to another type of IRA instead of the IRA to which the contribution was initially made.
Investopedia Says:
For instance, an individual may make a participant contribution to a Traditional IRA but may later recharacterize the contribution to a Roth IRA.
Roth IRA conversions can be reversed by means of a recharacterization, however, this movement of assets must include earnings (or losses).
Related Links:
Learn why you might make such a transaction and find out how to calculate how it will affect you. Recharacterizing Your IRA Contribution Or Roth Conversion
To answer this question, you need to consider several of the factors we outline here. Roth Vs. Traditional IRA: Which Is Right For You?
We offer some solutions for the individual taxpayer as well as the small business owner. Common Questions About Retirement Plans
Learn how to read and verify 5498 and 5498-ESA reporting your retirement-account contributions. Analyzing IRA And ESA Statements
Make sure all your loose ends are tied with these simple reminders and tips for your plans. 5 Retirement Plan Moves To Make Before Year-End
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Barron's Finance & Investment Dictionary
Dictionary of Finance and Investment Terms. Copyright © 2010 by Barron's Educational Series, Inc. All rights reserved.
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