Individual Retirement Accounts - Roth IRAs

This handout discusses the tax advantages of a Roth IRA. It includes information on contribution and conversion rules.

HIGHLIGHTS: 

  1. Contribution limits.

  2. Rules of a Roth IRA.

  3. Phaseout amounts.

  4. Conversion rules.

  5. Distribution rules.


CLIENTS WHO MAY BENEFIT:

  1. Taxpayers who want to understand the benefits and rules of a Roth IRA.

  2. Taxpayers considering converting a traditional IRA to a Roth IRA.

Planning & Life IssuesClare FazackerleyPlanning, IRA, Retirement, Benefits of Roth IRA, What is a Roth IRA, Roth IRA Restrictions