Comments on: 2010 Roth Conversion Rules http://www.mydollarplan.com/roth-ira-conversion-rules/ because money doesn't grow on trees Mon, 06 Sep 2010 15:17:21 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Carnival of Financial Planning – Edition #134 – March 26, 2010 | Dividend Tree http://www.mydollarplan.com/roth-ira-conversion-rules/#comment-10640 Carnival of Financial Planning – Edition #134 – March 26, 2010 | Dividend Tree Fri, 26 Mar 2010 11:44:26 +0000 http://www.mydollarplan.com/?p=1125#comment-10640 [...] presents 2010 Roth Conversion Rules posted at My Dollar Plan, saying, “All the rules you need to know about making a Roth [...]

[...] presents 2010 Roth Conversion Rules posted at My Dollar Plan, saying, “All the rules you need to know about making a Roth [...]

]]> By: Carnival of Financial Planning – Edition #134 – March 26, 2010 | Dividend Tree http://www.mydollarplan.com/roth-ira-conversion-rules/#comment-10641 Carnival of Financial Planning – Edition #134 – March 26, 2010 | Dividend Tree Fri, 26 Mar 2010 11:44:26 +0000 http://www.mydollarplan.com/?p=1125#comment-10641 [...] presents 2010 Roth Conversion Rules posted at My Dollar Plan, saying, “All the rules you need to know about making a Roth [...]

[...] presents 2010 Roth Conversion Rules posted at My Dollar Plan, saying, “All the rules you need to know about making a Roth [...]

]]> By: Lee http://www.mydollarplan.com/roth-ira-conversion-rules/#comment-10615 Lee Mon, 22 Mar 2010 10:42:02 +0000 http://www.mydollarplan.com/?p=1125#comment-10615 Hi, I need your guidance in Roth conversion for 2010. Here is my situation: - I'll be non resident by jun-2010. Going out of US for 7 yrs (may be more) assignment with family. -I don't have Roth IRA for now but have 401K from employer. In this situation How can I save money on my Roth Conversion? From next year I don't have any income here in US so Can I withdraw from my IRA upto my standard deduction amount and put into Roth IRA to avoid penalty? What would be good strategy to lower my tax bill for 2010 and 2011 or infect coming years as well as avoid penalty on early withdrawal from 401K? Thanks for your help, Lee Hi,

I need your guidance in Roth conversion for 2010. Here is my situation:
- I’ll be non resident by jun-2010. Going out of US for 7 yrs (may be more) assignment with family.

-I don’t have Roth IRA for now but have 401K from employer.

In this situation How can I save money on my Roth Conversion? From next year I don’t have any income here in US so Can I withdraw from my IRA upto my standard deduction amount and put into Roth IRA to avoid penalty?

What would be good strategy to lower my tax bill for 2010 and 2011 or infect coming years as well as avoid penalty on early withdrawal from 401K?

Thanks for your help,

Lee

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