Help With Roth IRA Conversions
Archived Under: Retirement Planning , The Moneysherpa Pages
Tags: Retirement Planning, Roth Conversion, Roth IRA, Traditional IRA
2010 is the year of the Roth IRA conversion. For the first time, income limits are being lifted allowing more individuals to convert their Traditional IRA to a Roth IRA. Under certain conditions (after 5 years and after age 59 1/2) Roth IRA withdrawals are tax-free. Before you make the conversion, know the facts, including a review of these helpful Roth IRA Conversion links:
- 7 steps to a 2010 Roth IRA conversation from Bankrate.com.
- Roth IRA Conversion Will Never Look Better from U.S. News and World Report Blog.
- 2010 Roth Conversion: Look Before You Leap from Schwab.
- 12 Traps to Avoid When Converting a Roth IRA from Robert Powell of Marketwatch.