Rollover transactions are treated differently than contributions. Your rollover does not count towards the annual $5,000 contribution limit ($6,000 for those over 50) normally allowed for Roth contributions and deductible contributions to traditional IRAs.
Bravo, Bruins: Chip Kelly gives UCLA a refreshing big-time hire ncaaf November 27, 2017 8:45am EST November 27, 2017 8:40am EST UCLA hired Chip Kelly, a home-run hire that should have the Bruins back in contention in the Pac-12 soon. Chip Kelly (Getty Images) Bill Bender @BillBender92
'Champions Made Here' is more than just a mantra at UCLA, and I'm confident that Chip will lead UCLA Football back to competing for championships. Kelly was expected to choose between vacancies at UCLA and Florida after meeting with officials from both programs, though the Gators reportedly dropped out of considering the former Oregon coach.