Personal Financial Advice

||Personal Financial Advice

Affluent Should Consider Roth Conversions In 2010

October 2009 Starting in 2010, taxpayers at any income level can convert regular IRAs to Roth accounts. Roth accounts have easy-to-understand advantages and disadvantages. Roth advantages include tax-free income and no required minimum distributions. But, taxes must be paid on all initial contributions to a Roth account, including immediate additional taxation on conversions from a [...]

Investment Calculator – Should You Sell Before New Capital Gains Rate Increases Occur?

September 2008  One of the differences between the presidential candidates is their tax policies. Current tax rates arise from two pieces of legislation supported by and signed into law by President Bush during his first term, as follows: The Economic Growth and Tax Relief Reconciliation Act of 2001 lowered ordinary income tax rates for individuals. [...]

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