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RRK's experience with Roth IRA conversion & Recharacterization
Hi RRK, We moved back to US in June 2010. I converted my 401k to IRA before the move. Balance in my IRA was 100K and is now 70K :-( I'm an USC but my spouse is not. I would like to transfer to a ROTH IRA such that I can avoid paying taxes+early withdrawal penalty. Can I convert minimum amount of 15K ...
- Tue Nov 27, 2007 11:10 pm
- Forum: To Chennai, Bengaluru, Tamil Nadu, Karnataka
- Topic: Indian Banking for US citizens
- Replies: 0
- Views: 203
Indian Banking for US citizens
I have a NRE account with ICICI bank opened before i become a US citizen. Can I still use it or do i need to close it ?
Appreciate your help.
Thanks
Appreciate your help.
Thanks