Bonanza or Bust? Roth Conversions in 2010

Stolz, Richard F.
December 2009
Journal of Financial Planning;Dec2009, Vol. 22 Issue 12, p18
Academic Journal
The article discusses the significance of the 2010 Roth individual retirement accounts (IRA) conversion opportunity towards the financial planners in the U.S. It is stated that the opportunity was a boom for financial planners. The opportunity was started in 2006 when the Tax Increase Prevention and Reconciliation Act 2005 (TIPRA) was established in the state. It also presents several insights from various certified financial planners (CFP) and certified public accountant (CPA) regarding on the influence and conversion framework of Roth IRA. It further provides information on the strategies made by various CPA and CFP towards the conversion opportunity.


Related Articles

  • Changing the Rules? Slott, Ed // Financial Planning;Sep2013, Vol. 43 Issue 9, p83 

    The article discusses the proposed changes to the individual retirement accounts (IRA) in the U.S. It provides brief overview of the proposed amendment to the retirement savings accounts and explains how it can affect businesses and employees. It also reminds the need for financial advisers to...

  • Unmatched Alternatives. Jay Korn, Donald // Financial Planning;Sep2013, Vol. 43 Issue 9, p89 

    The article discusses the importance for employers to consider individual retirement and health savings accounts as better options to unmatched 401(k) contributions in the U.S. It outlines the challenges associated with funding traditional 401(k) accounts particularly when employers will run out...

  • Retirement Account Options When Beginning a Career. Geisler, Gregory G.; Stern, Jerrold J. // Journal of Financial Service Professionals;May2014, Vol. 68 Issue 3, p45 

    When college graduates begin their careers, they face a number of financial choices and obligations. Their choices typically include one or more retirement account options. The options generally include individual retirement accounts (IRAs) (Roth and/or traditional), 401(k) plans (Roth and/or...

  • Misunderstandings Dampen IRA Sales. Glover, Hannah // Money Management Executive;1/29/2007, Vol. 15 Issue 4, p1 

    The article discusses the misunderstanding of the Individual Retirement Account (IRA) in the U.S. Investors and fund complexes are missing one big opportunity, such as IRA, in the race to prepare for retirement. Steven K. Miyao, founder and chief of Kasina LLC, said that the biggest opportunity...

  • Customize Your IRA. Ryan, Oliver // Fortune;7/11/2005, Vol. 152 Issue 1, p83 

    Presents four examples of how people have customized their individual retirement accounts. Discussion of Rhonda Hubbard's decision to move $92,000 of her IRA funds into an "individual fishing quota" for sablefish managed by the National Maritime Fisheries Service; Gene Valentini and Perry Rose's...

  • The Roth IRA for Children: Multigenerational Wealth Planning. Haug, Mark G.; Cichelli, Adrienne G. // Journal of Financial Planning;May2009, Vol. 22 Issue 5, p58 

    The article discusses Roth individual retirement accounts (IRA) that are established for children. Specific topics that are discussed within the article include a history of Roth IRA, the way in which money can be contributed to a child's Roth IRA and the benefits of a child having a Roth IRA....

  • Revisiting Net Unrealized Appreciation: A Tax-Wise Strategy That May Realize More Benefits Than Ever. Nersesian, John A.; Potter, Frances L. // Journal of Financial Planning;Feb2004, Vol. 17 Issue 2, p50 

    The tax strategy of taking employer stock out of the employer's retirement plan and paying taxes on it instead of rolling it over to an individual retirement account makes increased sense in light of tax law changes and the long-term runup of stock values in the U.S. The tax strategy of net...

  • IRAs: Opportunities Under the Taxpayer Relief Act of 1997. Shanney-Saborsky, Regina // Journal of Financial Planning;Apr98, Vol. 11 Issue 2, p26 

    The article examines several tax-related issues pertaining to individual retirement accounts (IRA) that financial planning professionals should be aware of in the wake of the Taxpayer Relief Act of 1997 in the U.S. The tax issues include the modifications to the traditional IRA rules as well as...

  • INVESTING IN ROTH. Stern, Linda // Newsweek;5/22/2006, Vol. 147 Issue 21, p72 

    This article discusses financial planning that should be done by those who contribute to traditional IRAs. The new tax law will cause post-retirement withdrawals to be taxed at a higher rate and depending on your income, a tax-free Roth IRA could be advisable. The article provides a Web sight...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics