Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

Roth IRA Conversions Are Still Tax-Smart

Thursday, August 30, 2012 - 1:33 PM
According to TheTaxGuy at SmartMoney, conditions remain favorable for conversions -- at least until the end of this year.
A conversion before year-end will trigger a bigger federal income tax bill for this year -- and maybe a bigger state income tax bill too. However, two positive factors may outweigh the extra 2012 tax hit.
Read more
pearlbrownpearlbrown1,466 posts since
Nov 2, 2010
Rep Points: 6,375