The TD Form W-8BEN may be obtained from any United States Internal Revenue Service (IRS) office, United. States Consulate office, or by writing Defense Finance and Accounting Service, U.S. Military Annuitant Pay, P.O. Box 7131, London, KY 40742-7131or the annuitant may call toll free 1-800-321-1080.
Taxable Event. There's no limit on the amount you can roll to a Roth from another retirement account. However, a Roth rollover is a taxable event. Traditional IRAs, 401k plans, 403b plans and 457 plans are typically composed of pretax dollars.Roth IRA contributions come from after-tax dollars.So when you effect the rollover, you have to pay taxes on the money that was originally in a pretax account.ou can move money from nearly any retirement account into a Roth. The list of eligible account types includes the 401k, 403b, 457 plan, traditional IRA, SIMPLE IRA and SEP-IRA. You can even roll money from your employee profit-sharing, money purchase and defined benefit plans.
There's no legal limit to the number of traditional or Roth individual retirement accounts you can open. There is usually a practical limit, however. You can only donate so much to your IRAs each year: Opening 100 Roth accounts doesn't let you save more money than if you had just one. Maximum Contributions.At time of writing the maximum you can contribute to a Roth or traditional IRA is $5,500 a year, or $6,500 if you're older than 49.That's not per account; it's the total you can contribute to all your IRA accounts combined.f she only makes $2,000 in self-employment income, you can contribute $5,500 to your account and another $3,500 to her Roth. The Internal Revenue Service discusses income limits and other restrictions on funding spousal IRAs in Publication 590.