A Safer Retirement and Environment – What We’re Implementing to Help Keep You Safe: READ MORE

Here at Cox Strategic Wealth, we are adhering to state and local guidelines in order to protect both the health and safety of clients and staff. Keeping our clients and staff safe is our highest priority and we’re taking all appropriate measures to ensure a safe environment. Should you prefer to not meet face-to-face, we are continuing to serve our clients through virtual settings such as Zoom or phone calls.

We look forward to continuing to help individuals and families achieve their ideal retirements.

Cox Strategic Wealth
(949) 888-6644





I am retired and have done a Roth in plan rollover within my work 401K. Am I able to do a Roth rollover within a Fidelity IRA to a Fidelity Roth IRA?

Is there a rule that limits the number of Roth IRA Rollovers you can do in a year or period of time?




There is no limit on the number of Roth conversions that can be done in one tax year. There is also no limit on the amount that you convert in any one tax year. Just keep in mind that conversions are no longer reversible.

Any pre-tax amounts that you convert to a Roth account in 2018, whether the funds are from your employer plan or your IRA, will be included in your taxable income for 2018. You may need to make estimated tax payments to avoid any underpayment penalties; you will have to come up with the any shortfall by April 15, 2019.


Can someone who is 70 1/2 contribute to a Roth IRA? They are not employed and the only funds they receive are from RMDs, investments, and social security.

If they can start a ROTH IRA are there any limitations in amounts or any other limitations?

Thank you,



While an individual cannot make IRA contributions beginning in the year they turn 70 ½, they can still make Roth contributions if they have earned income and are under the Roth income limits.

Unfortunately, retirement payments, Social Security, and investment income are not considered earned income. Generally, W-2 income and self-employment income is what is needed in order to make IRA or Roth IRA contributions.

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Investment advisory services offered through Brookstone Capital Management, LLC (BCM), a registered investment advisor.  BCM and Cox Strategic Wealth are independent of each other.   Insurance products and services are not offered through BCM but are offered and sold through individually licensed and appointed agents.  Any comments regarding safe and secure investments, and guaranteed income streams refer only to fixed insurance products. They do not refer, in any way to securities or investment advisory products. Fixed Insurance and Annuity product guarantees are subject to the claims‐paying ability of the issuing company and are not offered by BCM.

The content of this website is provided for informational purposes only and is not a solicitation or recommendation of any investment strategy. Investments and/or investment strategies involve risk including the possible loss of principal. There is no assurance that any investment strategy will achieve its objectives.