Last week's blog post, The Ideal Roth IRA Conversion Candidate – Part 1, discussed two situations where it's possible to convert a portion, and possibly all, of a traditional IRA to a Roth IRA while incurring minimal or no income tax liability attributable to the conversion. This week's post presents two additional Roth IRA conversion "ideal candidates."
As mentioned in last week's post, all four situations, in addition to assuming availability of a traditional IRA, require preparation of an income tax projection, including calculation of potential exposure to alternative minimum tax, or "AMT," to determine the amount of the traditional IRA that should be converted to a Roth IRA to achieve this result. The two situations that are the subject of this week's post are as follows:
Continue reading "The Ideal Roth IRA Conversion Candidate – Part 2" »
