Tuesday, December 1, 2009

Roth Imperative Part II

Fileres converting in 2010 get an added benefit! Extra time to pay any tax on the sum of deductible contributions and accumulated earnings in the regular IRA. Half of that income can be reported on the 2011 return and the other half with the 2012 return. The delay gives folks the time to put aside funds to pay the tax liability. More tomorrow...

Barry L. Bulakites