Fidelity IRA Request for Recharacterization

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Fidelity IRA Request for Recharacterization
Fidelity IRA Request for Recharacterization

Regular Mail: Fidelity Investments Overnight Mail: Fidelity Investments

Attn: Distributions KC1B Retirement Distributions KC1B

PO Box 770001 100 Crosby Parkway

Cincinnati, OH 45277-0035 Covington, KY 41015-4325





The IRS allows you to treat certain IRA contributions made to one type of IRA as having been made to a different type of IRA.

This is known as “recharacterization.” You can recharacterize all or part of the contribution amount. Any net income attribut-

able to the contribution also will be recharacterized.

Use this form to recharacterize:

• any annual contributions you made to a Traditional IRA or Rollover IRA as annual Roth IRA contributions;

• any annual contributions you made to a Roth IRA as annual Traditional IRA contributions;

• any conversion contributions you made to a Roth IRA back to the original Traditional IRA, Rollover IRA, SEP-IRA,

or SIMPLE-IRA (“deconverting”); or

• any qualified rollover contributions you made to a Roth IRA or Inherited Roth IRA from a workplace savings plan to a

Traditional IRA, Traditional Rollover IRA, or Inherited IRA.

All recharacterizations of Fidelity IRAs are processed in-kind. All recharacterizations from any Inherited IRA must be

recharacterized into another Inherited IRA.

Complete all sections of the Fidelity IRA Request for Recharacterization form. A separate form should be submitted for

each recharacterization transaction. You can photocopy the blank form or print a copy from Fidelity.com.

For recharacterization of annual contributions:

Provide the account number for the Fidelity IRA to which your annual contribution is being recharacterized. If you do not currently

have a Fidelity IRA of this type, complete the appropriate Fidelity IRA application and return it with this form. For example, if you

have made an annual contribution to a Fidelity Roth IRA and wish to recharacterize to a Fidelity Traditional IRA, you must either

have an existing Fidelity Traditional IRA or you must establish one by completing a Fidelity IRA application. Note: Per IRS Notice

2000-39, calculation of the applicable earnings is based on a pro rata portion of the earnings accrued in the IRA during the period

the IRA actually held the contribution.

Employer contributions under a SIMPLE-IRA or a SEP-IRA cannot be recharacterized as contributions to any other IRA.

For recharacterization of conversion or direct rollover contributions:

Provide the account number for the Fidelity IRA to which your conversion contribution or qualified rollover contribution from a

workplace savings plan is being recharacterized. If you converted directly to a Fidelity Roth IRA from an IRA at another custodian

or from a workplace savings plan, you may need to complete a Fidelity IRA application to establish the appropriate type of IRA.

Deadline for Recharacterizing: On or before the due date (including extensions) for filing the federal income tax return for the

taxable year for which the contribution was made to the First IRA.

Tax-Reporting Information: The IRS refers to the IRA from which you are recharacterizing as the “First IRA,” and the IRA

to which you are recharacterizing as the “Second IRA.” A recharacterized contribution will be treated for federal income tax

purposes as having been contributed to the Second IRA on the same date and for the same taxable year that the contribution

was initially made to the First IRA. The taxpayer is responsible for reporting all recharacterization activity on IRS Form 8606,

or as required by the IRS. Please see instructions for 8606 for further reporting information.

You cannot revoke or modify the election to recharacterize after the recharacterization transaction has been made.





Reconversion Limit: You may not convert, recharacterize, and then reconvert to a Roth IRA within the same tax year. If you

convert and subsequently recharacterize, you may not reconvert back to a Roth IRA before the later of:

• The taxable year following the taxable year in which the amount was first converted to a Roth IRA; OR

• The end of the 30-day period beginning on the day you recharacterized from the Roth IRA to the non-Roth IRA.

For example, if you recharacterized a conversion contribution on December 15, 2008, you would not be able to reconvert

until January 15, 2009. If you reconvert prior to these limit dates, the reconversion will be deemed a failed conversion by the

IRS, and if not corrected may result in an excess contribution to the Roth IRA.





continued on next page ¦

Additional Information: To obtain a Fidelity IRA application, a conversion form, or another recharacterization form, go to

Fidelity.com or call 1-800-544-6666.

For information about reconversions and recharacterizations, or to discuss your specific situation, please consult your tax advisor.

Additional information about limits and deadlines may also be found on the IRS Web site, irs.gov.

To help you determine which type of IRA may best suit your needs, please refer to the Traditional vs. Roth Evaluator at

Fidelity.com.

The Custodian of your Fidelity IRA, Fidelity Management Trust Company, and its agents, affiliates or successors assume no

responsibility for any tax consequences due to this transaction. Consult your tax advisor.

Fidelity IRA Request for Recharacterization

Complete Section 1 below and Sections 2A, B, C, and E. For a partial recharacterization, complete Section 2D

as well. Then be sure to sign and date the form in Section 3. All recharacterizations of Fidelity IRAs are

processed in-kind.



1 CUSTOMER INFORMATION





Name of IRA Owner Social Security Number



Daytime Phone Number Extension



2 RECHARACTERIZATION

Recharacterize all or part of my current annual contribution, conversion, or direct rollover contribution, as well as any appli-

cable earnings attributable to that contribution, in a trustee-to-trustee transfer from one Fidelity IRA to another Fidelity

IRA, as directed below:

A. Type of Fidelity IRA to recharacterize FROM (“First IRA”): Type of Fidelity IRA to recharacterize TO (“Second IRA”):

Roth IRA Traditional IRA

Traditional IRA Roth IRA

Inherited IRA Inherited Roth IRA

Inherited Roth IRA Inherited IRA

Other Other

B. Type of IRA contribution you are recharacterizing:

Annual contribution

Roth IRA Conversion contribution

Qualified Rollover Contribution of non-Roth assets to a Roth IRA or Inherited Roth IRA from a workplace savings plan

Note: Be sure to provide a separate form for each transaction being recharacterized.



Tax year of the contribution/conversion Amount of contribution or conversion $

– –

Date of the contribution or conversion

C. Fidelity IRA to recharacterize FROM (“First IRA”): Fidelity IRA to recharacterize TO (“Second IRA”):



– –

Account Number Account Number

D. Partial Recharacterization. We will recharacterize the entire annual contribution or conversion contribution indicated

above, unless you indicate a partial amount below.



Amount $

E. We will recharacterize assets based on the following hierarchy unless a specific order is listed below:

1. Cash 2. Fidelity Funds 3. Non-Fidelity Funds 4. Stocks



1. 3.



2. 4.









1.710137.110 Page 1 of 2 006930101

3 SIGNATURE — REQUIRED



I hereby notify the Custodian of my Fidelity IRA, Fidelity Management Trust Company (its agents, successors, or affiliates),

that I am electing to treat a contribution as having been made to the Second IRA instead of the First IRA as indicated on

this form, for federal tax purposes. I authorize and direct the Custodian to recharacterize via a trustee-to-trustee transfer

the contribution and any applicable earnings attributable to such contribution as I have provided in Section 2. I accept full

responsibility for complying with the IRS requirements for recharacterizations of IRA contributions, and I hereby indem-

nify the Custodian for the Fidelity IRA, its agents, affiliates, successors, and employees from any and all liability in the event

I fail to meet these requirements.





X

SIGNATURE DATE (mm/dd/yyyy)









Fidelity Distributors Corporation

Fidelity Brokerage Services LLC, Member NYSE, SIPC

U.RECHAR-FORM-0209

432420.2.0 1.710137.110









1.710137.110 Page 2 of 2 006930102


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