I converted my traditional IRA to a Roth last year, and my investments have lost money since I made the conversion. Is it too late to change back?
It’s not too late, and losing money in your Roth IRA can be a good reason to undo the conversion. You have until October 15, 2014, to undo a conversion you made in 2013 (a process called recharacterization). After you move the money from the Roth back into a traditional IRA, you can file an amended tax return and get back the money you paid in taxes on the conversion.
