Thursday, 15-April-2010

1) Boss swears you can change registration of securities (ie. JTWROS --> IRA) and use that as a prior year contribution. She recommended a client to move $6k worth of securities in the JTWROS and move that into the IRA and that would qualify as the contribution.

2) Boss said that if you file an extension on your taxes, you can still make Roth Contributions up until when you file your taxes.