Roth Converting IRA

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It's generally a good idea for most investors to consider including a Roth IRA in their overall retirement planning. Roth IRAs have the potential to grow tax-free, which may help you save more over time. Plus, withdrawals aren't mandatory during the lifetime of the original owner, and Roth IRA assets may pass to your heirs tax-free. Determining if a Roth is right for you Ready to get started?

Roth Conversion Checklists Follow these simple steps to convert your Traditional IRA or old 401(k) to a Roth IRA. Anyone can convert their eligible IRA assets to a Roth IRA regardless of income or marital status. Prior to 2010, only those account owners who had a modified adjusted gross income below $100,000 were eligible to convert.