• / Free eNewsletters & Magazine
  • / My Account
Home>Paying for a Roth IRA Conversion?

Paying for a Roth IRA Conversion?

Perspectives Content Submission

Tue, 23 Feb 2010

Starting in 2010, individuals with any amount of modified Adjusted Gross Income are free to switch a traditional IRA to a Roth IRA and conversions are fully taxable at regular income tax rates. Prior to 2010, to fund a Roth IRA by means of a conversion, a person’s modified adjusted gross income had

Related Videos

  1. 'Backdoor' IRA Forget-Me-Nots

    When using the maneuver, mind the pro-rata rule, don't dally with your nondeductible IRA , and remember the do-over option, if you need it, says Morningstar's Christine Benz.

  2. A Tricky Choice: Who Gets Your IRA ?

    IRA expert Ed Slott discusses the pros and cons of leaving an IRA to a spouse, children or grandchildren, a trust, or a charity.

©2017 Morningstar Advisor. All right reserved.