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Roth IRA Conversion Rules
RothIRA.com
Oct. 18, 1999 "One of the primary benefits of using a Roth IRA is that you don't pay income tax when you withdraw funds in retirement. Unfortunately not everyone meets IRS standards to contribute to a Roth IRA. The primary individuals are not allowed to contribute is their incomes exceed the Roth IRA income limits. (In 2011 the income limits range from $107,000 to $169,000 depending on your filing status.) Many individuals that did not qualify for income reasons end up investing in 401k plans and Traditional IRAs." MORE >> |
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