Roth IRA Conversions – Spreading the Taxes
www.rothira-advisor.comNoted retirement planning expert James Lange shares some of his tips on how to plan for retirement and beyond. Jim has dedicated his life to helping others achieve their goals for a healthy and happy retirement.
Traditional to Roth IRA Conversions and the 1-year time limit.?
In October 2006 I rolled over my old 401k to a new traditional IRA at Vanguard, where I had an existing roth IRA. This year I wanted to take advantage of my low tax-rate and convert the new traditional/rollover IRA into the existing roth IRA, which I did last month. The people at Vanguard explained to me that this would be a taxable event, without penalty. So can I claim that distribution in my income tax at the end of 2007 and pay the applicable taxes without taking any distributions from the IRA? In addition, I would like to transfer the roth IRA to Fidelity and am wondering if I can do that now or do I have to wait until March 2008?
Thank you for the answers. I want to clarify one point. Since I rolled over from traditional to roth, I need to pay that tax as income but the funds for the tax need not come out of the IRA? Can I pay the tax with other funds? In other words, I don’t need to withdraw funds from the IRA in order to pay the tax if I don’t want to.
Slagle Financial – Roth IRA Conversions, New Tax Policies
Chad Slagle, President of Slagle Financial, appears on News Channel 5 to discuss Roth IRA conversions, capital gains and dividends taxes, and estate taxes.
Roth IRA Conversions for Seniors
www.rothira-advisor.comNoted retirement planning expert James Lange shares some of his tips on how to plan for retirement and beyond. Jim has dedicated his life to helping others achieve their goals for a healthy and happy retirement.
Roth IRA Conversions Seminar – Part 4
Fragasso Financial Advisors: fragassoadvisors.com – Roth IRA Conversions Seminar With Doug Orton, AVP, Retail Retirement Planning at MFS Investment Management Fragasso Financial Advisors has been making the financial success of their clients personal for over 38 years – and while the company has grown to be a successful independent Investment planning firms, one thing has remained constant – their commitment to the highest level of personal service. “We make your financial success personal.”
Roth IRA Conversions – Why 2009 is so great
www. rothira consultant. comNoted prevention expert James Lange shares some of his tips on how to plan for retirement and beyond. Jim has devoted his life to helping others, their goals for a healthy and happy retirement.
Younger investors making Roth conversions
Former Palm Beach Pops exec charged with embezzling $200,000
Former Palm Beach Pops exec charged with embezzling $200,000
Read more on The Palm Beach Post
Younger investors making Roth conversions
In a year-over-year comparison released by Fidelity Investments, the individual retirement account provider said it is seeing a “significant shift” from older to younger investors making Roth IRA conversions.
Read more on New Haven Register
