Over the past week we’ve been writing quite a bit about retirement accounts, which ones are better for different situations, and talking about what the Roth IRA contribution limits are.   Now I want to talk about another hot topic in retirement accounts, the 2010 Roth IRA conversion.

In case you haven’t heard all the buzz, this year marks a one time Roth IRA conversion event in which people can convert their traditional IRA’s, SEP IRA’s, Simple IRA’s, old 401k’s, old 403b’s into a tax free Roth IRA account.   Because of the conversion event, waves of people are expected to take advantage this year and convert their traditional taxable investment accounts into  tax free Roth IRA accounts.  Read more... (828 words, 11 images, estimated 3:19 mins reading time)

• Rolling over a 401(k) to a Roth Starting in 2008, you are no longer required to first roll your 401(k) to an IRA to then convert it to a Roth IRA. You should still be in tune with the taxes that will be due upon conversion and do the math to see if converting makes sense. See......
• Tax Free Retirement Investing with Your Health Savings Account Several years ago, my employer switched our group health insurance to a high deductible plan with a Health Savings Accounts (HSA).  Unless and until the Obama administration manages to totally revamp our health care system on a national scale, I suspect that many baby boomers will be introduced to the Health Savings Account......

A couple of months back the IRS released their 2010 Traditional and Roth IRA contribution limits.   It’s important to keep an eye on those limits year to year if you’re contributing to one of these account types. As was expected the 2010 Traditional and Roth IRA contribution limits remain the same for the coming tax year.

2010 Traditional And Roth IRA Contribution Limits

The Traditional and Roth IRA contribution limits for the 2010 tax year are $5,000 for those under the age of  50.   If you’re over 50 you have the option of making catch up contributions to your account, which brings your limit to $6,000.  Read more... (573 words, 11 images, estimated 2:18 mins reading time)

• Maximizing Roth IRA Contributions Once I have completed the down payment on my condo and finished furnishing it, I will direct my savings towards maximizing my roth IRA and a solo 401k. I decided to open a roth IRA instead of a traditional IRA because I wanted to diversify the tax-sheltered retirement accounts. My......
• ATP World Tour: Robby Ginepri The $519,000 ATP World Tour 250 in Indianapolis, United States of America, running from the 19th of July, 2009 until the 26th of July, 2009 on hard court surfaces. More information can be obtained through http://www.atpworldtour.com. Results for Sunday, the 26th of July, 2009: Singles Final, R Ginepri of the......