Facts About Traditional IRAs & Roth IRAs

Pitfall to Back-Door IRAs If you are saving for retirement, many individuals favor Roth IRAs over traditional IRAs because the former allows for both accumulation and post-retirement distributions to be tax-free. In comparison, contributions to traditional IRAs may be deductible, earnings are tax-deferred and distributions are generally taxable. Anyone who is under age 70.5 and […]

June 20, 2016 by Baldwin Accounting/Back-Door IRAs, Converting Your Traditional IRA to a Roth IRA/No comments

Thinking about Converting Your Traditional IRA to a Roth IRA?

Take a look at the Pros & Con of Roth Conversions The tax provision that allows taxpayers to convert a Traditional IRA to a Roth IRA is a great tax-planning tool when used properly, and timing is everything. Conversions can be tricky, so if you are considering a conversion, take a look at this article regarding […]

January 17, 2016 by baaccpa-admin/Accounting advice, Converting Your Traditional IRA to a Roth IRA/No comments

Converting Your Traditional IRA to a Roth IRA Archives

Facts About Traditional IRAs & Roth IRAs

Thinking about Converting Your Traditional IRA to a Roth IRA?

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