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When to Roth

What's Online

By Editorial Staff
December 1, 2009
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It's not new that your clients come to you for advice. It's not new that they expect you to have the knowledge and expertise to provide them with that advice in a way they can understand and trust to be the best answer. What is new, however, is the questions they're asking.

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After last year's crisis, clients are more curious than ever about their portfolios. Many are showing a level of interest in their finances that they couldn't be forced to have before. In order to keep your clients coming to you for advice, you need the most up-to-date information. This year, that means knowing what to say when your clients ask you whether they should convert their assets from a traditional IRA to a Roth. We're here to help.

Clients with adjusted gross incomes of over $100,000 have been unable to convert assets to a Roth IRA—until now. And next year, clients can spread their tax income from such a conversion equally over 2011 and 2012. Do you know what to tell your clients if they ask you if they should convert?

Our new Roth Conversion Center, located in the left navigation bar under "Features" at Financial-Planning.com provides you with everything you need to give your clients your most informed answers. There, you will find instructive articles from the best minds in the industry—from Michael Kitces, director of financial planning for Pinnacle Advisory Group, to IRA distribution expert Ed Slott. You'll see the regulatory updates as they happen. And you will even find the latest tools to help you make the calculations for each client. Going forward, providing advice to your clients will require more expertise and attention to detail than ever before. Are you ready?

 

 

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