Roth conversion could be more expensive in 2011

11/29/2010 | Financial Planning

Advisers need to let clients thinking about converting a traditional IRA to a Roth know that it could be more expensive if they wait until next year. If the top federal income tax rates of 35% and 33% increase to 39.6% and 36%, respectively, in 2011, clients who convert in 2010 and opt to include the conversion income in 2010 may benefit from the lowest rates they'll ever get.

View Full Article in:

Financial Planning

Published in Brief: