A good article about Roth IRA conversion
I have recently been asked to address Roth IRA conversion considerations in my blog. However, I read an excellent article on this issue in The New York Times the other day that takes into account all of the most relevant, current issues on this topic, and really provides a good treatment of the issue.
Several items of importance are covered and taken into consideration in the article, including:
- The upcoming lift of the income limit that previously prevented many individuals from contributing to a Roth IRA
- The impact of current (and future anticipated) estate tax law on your decision to convert a standard Roth to a Roth IRA
- Use of the annual gift tax exclusion to accomplish some of what you might have otherwise done with some retirement savings later in life.
Click here for the NY Times article, “Thinking Hard About Retirement and Death”.
Advertisement
leave a comment