I agree.  And IMO, an investment advisor that mentions a conversion and a 7000 limit in the same sentence immediately becomes an unreliable source of information.  There are plenty of financial advisors that I've worked with who really know their stuff and if they tell me something happened a certain way, I'm going to believe them.  There are also plenty who (as in this case) can't tell you the difference between a contribution, a conversion, or a rollover.  No problem, I don't need their opinion, I can look at the paper trail and reach my own conclusion.

I'm not sure yet if we're talking about a SIMPLE-IRA or just a simple IRA.  Since words matter, I would call the latter a Traditional IRA to avoid confusion but I can understand if not everyone else does it that way. 🙂

Rick