Under our tax code, individuals have the right to “convert” all or part of a traditional plan or IRA to a Roth IRA–at the cost of paying income tax currently on the converted amount. Throughout the 20-year existence of Roth IRAs, the Roth converter has been granted a unique privilege–the option […]
Here is a relief from missing the IRA rollover deadline. Believe me it is a big relief. Many times clients walk in with the situation when they have requested the distribution from IRA account, before calling me, and hope to roll that over into another retirement vehicle. And they did not […]
