Roth IRA ConversionRichard J. Schillig
Even if you’re not subject to the income restriction, you might decide that the tax structure of a Roth is a better fit for you, in which case you could convert to a Roth and pay taxes now rather than later. A Roth IRA conversion isn’t for everyone. Understand the mechanics of a...
税务方面,Tax-Deductible 和 After-Tax IRA 在增长的过程中都是延税的,59½时取出来的时候呢,如果是Tax-Deductible的IRA,拿出来的时候,每一分钱都要算收入交税喔,如果是After-Tax 的IRA,那么本金部分是不交税的,但是利息部分是要交税的,而且按照LIFO(Last In, First Out)交税。 二、Roth IRA Roth IRA是在...
CalcXML's Roth IRA Conversion Calculator will help you determine if it makes sense for you to convert to a Roth IRA.
A Roth IRA conversion might be wrong for you if... You lack the cash to pay the likely tax bill generated by the conversion. Some people pay the tax bill with part of the converted balance, but that sacrifices some of the tax-free investment growth. And if you’re under 59½, you...
Under new rules that took effect in 2010, you can convert a traditional IRA into a Roth IRA no matter what your income is. If the conversion turns out to have adverse tax consequences, you'll have plenty of time to reverse the whole transaction, but only
See if converting to a Roth IRA makes sense for you. Use our Roth IRA Conversion Calculator to compare estimated future values and taxes.
Should you convert all or a portion of your Traditional IRA assets to a Roth IRA account? Regardless of your answer, you should consider opening a Discover®IRA. Whether a conversion is right for you depends on the amount of time you plan to leave the assets invested, your estate plannin...
Example of a Roth IRA Conversion By timing your conversion carefully, and possibly spreading it over several years, you may be able to ease the tax burden. Suppose, for example, that you're single, will earn a taxable income of $80,000 in 2023, and have $100,000 in a traditional IRA...
Does a Roth IRA Conversion Make Sense for You? When you convert from a traditional IRA to a Roth, there's a tradeoff. You will face a tax bill—possibly a big one—as a result of the conversion, but you'll be able to make tax-free withdrawals from the Roth account in the future....