Many small business owners skip Roth IRAs, assuming their income disqualifies them or that current tax deductions outweigh future tax-free withdrawals. But overlooking this option… Read More »Roth IRA Benefits for the Self-Employed
Suppose you converted your IRA to a Roth IRA just before the bottom fell out of the stock market last year. Because the tax liability… Read More »Can you reconvert an IRA?
You only have to examine your paycheck to realize certain income is tax-free. For example, health insurance premiums paid by your employer are generally not… Read More »When is income taxable, and when is it not?
For the first time ever, taxpayers can convert a traditional IRA to a Roth, regardless of their annual income. Previously, conversions weren’t allowed for taxpayers… Read More »Benefit from Roth "ordering rules"
The buzz about Roth IRA conversions is getting louder. And why not: For the first time ever, higher-income taxpayers can convert their traditional IRAs into… Read More »Roth IRA conversion in 2010