The article discusses a court case wherein taxpayer Robert Paschall has attempted to convert his regular individual retirement account (IRA) into a Roth IRA as per advice of his financial advisor. It states that Paschall has failed to include Form 5329 to his tax returns despite his timely ...
Learn how to transfer money to your online investing account, how to fund your account automatically, and roll over your assets between investment accounts.
Transfer of Retirement Assets (ToRA) enables mutual fund companies to transfer to other fund companies the assets and value of mutual fund shares held in fund-sponsored IRA plans and other retirement vehicles. It is a feature of Fund/SERV®, NSCC’s industry standard for processing and ...
He discusses the differences between a traditional IRA and a Roth IRA. He talks about the factors that drive the renewed interest in Roth IRA. He also explains some of the factors that should be considered before converting to a Roth IRA....