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New Strategies to Shelter
Your Retirement Dollars - External Report
(August 19th, 2009)
Source:
CNN Money
With a Roth, you don't get a tax deduction when
you put money in, but the money in your account grows tax-free and
- this is the key advantage - your withdrawals are tax-free, so
you don't need to worry about what the tax rates will be or what
bracket you'll be in when you retire. Until now Roths have had a
big catch: income limits of $105,000 for individuals and $160,000
for joint filers. But starting in 2010 anyone will be allowed to
convert existing retirement accounts to Roth accounts, making this
key retirement tool available to everyone... (View
Full Report)
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