Wednesday, December 09, 2009

 

Playing the New 'Roth' Angle

Thanks to a new rule, high-income investors have a chance to save a bundle on taxes in retirement. And financial advisers are scrambling to help them do it... Starting Jan. 1, all investors will be allowed to transfer retirement assets from traditional individual retirement accounts to Roth IRAs—which means paying taxes now but then enjoying tax-free investment gains and withdrawals. Currently, only people with modified adjusted gross income under $100,000 can make the switch... WSJ: Playing the New 'Roth' Angle

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