Tax hit makes some investors reluctant to convert to Roth IRA

03/22/2010 | InvestmentNews (free registration)

Wealthy clients are showing a reluctance to convert to Roth IRA accounts despite tax-law changes that have made them popular among other investor classes. For the first time, this year people earning more than $100,000 can roll over accounts into Roth IRAs, but many are reluctant to do so because they have to pay taxes on the conversion amount.

View Full Article in:

InvestmentNews (free registration)

Published in Brief: