recharacterize love

Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • verb transitive To characterize again or anew.

Etymologies

from Wiktionary, Creative Commons Attribution/Share-Alike License

re- +‎ characterize

Examples

  • When you convert an IRA to a Roth, you generally owe income tax on the amount you move over, but you're allowed to undo -- or "recharacterize" -- the conversion and put the money back into a traditional IRA.

    Roth Regrets? Still Time to Change

  • If after converting your Roth loses value, "recharacterize" it by transferring the money back into a regular IRA by Oct. 15 of the year following the conversion year.

    IRA-to-Roth Deadline Nearly Here

  • Taxpayers have until Oct. 15 of the year following a conversion to decide whether to "recharacterize" "undo" a conversion--a move that can make sense if the securities converted have dropped in value.

    Should You Do A Roth IRA Conversion Now?

  • Taxpayers have until Oct. 15 of the year following a conversion to decide whether to "recharacterize" "undo" a conversion--a move that can make sense if the securities converted have dropped in value.

    Should You Do A Roth IRA Conversion Now?

  • But if you go over them, you can "recharacterize" your contribution as a traditional IRA contribution or simply withdraw the money, says Ed Slott,

    Handling Excess Contributions to Your Roth IRA

  • Then, if your tax preparation early next year finds that you have exceeded the Roth income limits, you could "recharacterize" your contribution as a nondeductible, traditional IRA contribution.

    Making Contributions to Both Types of IRA

  • And if your assets fell in value after doing the conversion, you could "recharacterize" the account as a traditional IRA so you wouldn't have to pay income tax on value that no longer exists.

    Advantages Abound When Converting to Roth IRA

  • Second, if you converted traditional IRA assets to a Roth last year, and if those assets have declined in value, you might want to "recharacterize" the Roth as a traditional IRA.

    Easing the Pain When IRA Assets Take Severe Dip

  • In that case, you may want to "recharacterize" the Roth as a traditional IRA.

    IRAs May Be Ripe For Shift to Roth

  • Plus, there is little risk of failure: If your account's value declines after you convert it to a Roth, you can "recharacterize" the transaction -- by turning the account back into a regular IRA.

    Some Breathing Room for IRAs

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