Roth IRA conversions are the trendy thing to do in 2010 since the income limits disappeared.
If you’re considering a traditional IRA conversion to Roth IRA this year, here’s a guide of Roth conversion articles to help you navigate conversion rules and the pros and cons of Roth IRA conversions.
Roth IRA Conversion Rules
2010 Roth Conversion Rules [1]. Roth conversion rules and guidance about Roth conversions in 2010.
Tax treatment of Roth Conversions [2]. Pro rata distribution rules for the Roth IRA and the 60 day rule for Roth conversions.
How to Make a Roth IRA Conversion [3]. Once you decide if you want to make a Roth IRA conversion, here’s how to do it!
Roth IRA Conversion Strategies
Roth Conversion Strategy to Minimize Tax [4]. Minimize the taxes on your conversions by implementing a multiple conversion strategy.
Roth Conversion Strategies [5]. How to increase your basis in your IRA and avoid some of the taxes with Roth conversions.
Pros and Cons of Roth Conversions
Roth IRA Conversion Considerations [6]. Pros and cons of Roth conversions and things to consider before you make a Roth conversion.
Roth IRA Conversion Calculators [7]. A list of Roth conversion calculators to help you with your analysis.
Roth IRA Extras
Roth IRA for Kids [8]. Want to help your kids save for the future tax free? An excellent opportunity is a Roth IRA for kids.
2010 Roth IRA Limits [9]. In addition to your Roth IRA conversion, you can still make a regular Roth IRA contribution if you meet the income limits. Beware though, a large Roth conversion could make you ineligible to make a contribution if you elect to include the income in the current year.
Roth IRA penalty free withdrawals [10]. Once you make your Roth conversion, you can withdraw your money tax free and penalty free after five years.
Worksheet to track Roth IRA contributions and conversions [11]. You’re in charge of tracking your own contributions and conversions for tax purposes. Make sure you do so!
Phew! Everything you need to know about Roth IRA conversions!