Helping Parent with an Accidental Roth Conversion
Helping Parent with an Accidental Roth Conversion My Mom, a very financially savvy 64 year-old lady who is still working, accidentally made a major screwup on the Vanguard website. She intended to move some money from a money market account but ended up accidentally converting her ENTIRE Traditional IRA into a Roth (to the tune of about 800K). She immediately recognized her grave error and got ...