Use this form to recharacterize a contribution (not a “conversion” contribution) that was made to an IRA.
This form is only for use within your Sit IRA accounts.
Recharacterization rules can be complex. Please consult with your tax adviser regarding your tax situation.
To remove an excess contribution from your IRA, complete the IRA Distribution Form.
This form is for recharacterizing a Roth IRA contribution into a Traditional IRA contribution and vice versa. A recharacterization is different than a conversion. A conversion has a separate form.
Carefully consider the Fund’s investment objectives, risks, charges and expenses before investing. The prospectus contains this and other important Fund information and may be obtained by calling Sit Mutual Funds at 1-800-332-5580 or by downloading them from the Documents page. Read the prospectus carefully before investing. Investment return and principal value of an investment will fluctuate so that an investor’s shares when redeemed may be worth more or less than their original cost.
The content herein is for informational purposes only without regard to any particular user’s investment objectives, risk tolerances or financial situation and does not constitute investment advice, nor should it be considered a solicitation or offering to sell securities or an interest in any fund.
Opinions and statements of financial market trends that are based on current market conditions constitute our judgment and are subject to change without notice. We believe the information provided here is reliable but should not be assumed to be accurate or complete. The views and strategies described may not be suitable for all investors, and readers should not rely on this publication as their sole source of investment information.
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Sit Recharacterization Request Form