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Roth IRA Conversion Guide

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!