Tag: "roth IRA"

More Roth IRA Advantages

Several months ago, I wrote about the pros and cons of converting a traditional IRA to a Roth IRA (see Roth 2010:  Should You Convert?).  Beginning this year, any individual can convert to a Roth IRA and take two years to pay the taxes, regardless of household income level (in previous years, only those with [...]

Jun 16, 2010 | Leave a Comment | by

Converting a Traditional IRA to a Roth IRA

Do you want to pay the piper now, or later?  Currently, only households making less than $100,000 a year or spouses filing jointly can convert their traditional Individual Retirement Account (IRA) into a Roth IRA.  But as noted in a recent Wall Street Journal article those restrictions will be lifted in 2010, so that workers of [...]

Jun 25, 2009 | 1 comment | by