Where Recharacterization Is Alive and Well
Although the new tax law placed some limits on IRA recharacterizations, the technique can still be used in certain situations in 2018 and beyond.
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Since 1998 (when Roth IRAs were invented), Section 408A(d)(6) of the Internal Revenue Code has permitted a taxpayer to "recharacterize" his or her IRA contribution. A contribution to a Roth IRA could be "recharacterized" as a contribution to a traditional IRA and vice versa.