Posts Tagged ‘Roth IRA’

• Roth IRA sharks are on your tail
• POSTED 02.12.10

Hang on to your wallet, here come the IRA sharks. An email just landed in my mailbox, blaring “ROTH CONVERSIONS ARE HOT! Millions of Dollars are Being Transferred! HUGE commissions are being generated!” Sucker lists are circulating. The next phone call or snail mail you get might be from a “financial adviser,” urging you to [...]

• The Roth IRA conversion: yes or no?
• POSTED 02.12.10

Roth Individual Retirement Accounts are big news this year. For the first time, anyone with a traditional IRA can convert it into a Roth. You can spread the tax effects of a 2010 conversion over two years. And conversion sidesteps the usual 10 percent penalty on funds withdrawn from traditional IRAs prior to age 59 [...]