Category Archives: IRA

Roth IRA Conversion – A Multi-Year Strategy

Roth IRA Conversion – A Multi-Year Strategy

With all of the buzz about Roth IRA conversions this year as a result of the elimination of the $100,000 modified adjusted gross income threshold for converting traditional IRA’s to Roth IRA’s, clients and non-clients alike have been asking me the million-dollar question, “Should I do a Roth IRA conversion?” The underlying implied question usually…

The 5-Year Freeze

The 5-Year Freeze

Unless there’s a large increase in the value of your Roth IRA in the first few years of conversion, you shouldn’t take distributions for at least 5 years.

Do Your RMD Before Your RIC

Do Your RMD Before Your RIC

Although your RMD and Roth IRA conversion are both taxed as ordinary income, you must take your RMD before converting your traditional IRA to a Roth IRA.

Two Great Roth IRA Conversion Candidates

Two Great Roth IRA Conversion Candidates

This week’s blog presents two additional Roth IRA conversion candidates that I would classify as “great,” but not “ideal,” candidates.

Clearing the Roth IRA Conversion Hurdles

Clearing the Roth IRA Conversion Hurdles

I liken the Roth IRA conversion decision-making process to the 100 meter (women) and 110 meter (men) high hurdles events in track and field.

Three Roth IRA Conversion “Show Stoppers”

Three Roth IRA Conversion “Show Stoppers”

When you incur income tax liability in connection with a Roth IRA conversion, you always want to pay the income tax from funds outside of retirement plans.

Year of the Conversion

Year of the Conversion

2010 is being dubbed by the financial community as the “Year of the Conversion” in reference to the removal of the income threshold in Roth IRA conversions.

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