Roth IRA Blog

Putnam’s Roth IRA Conversion Evaluator is a quick and visual way to see if a Roth conversion might be right for you. Answer a few questions and discover the range of options a Roth IRA conversion can provide, then talk to your financial advisor or tax professional about your individual situation. The benefit of knowing is a few easy steps away.

Please note: Your data will not be saved, compiled, or recorded in any way.

With two proposals now before Congress to create a national program for automatic enrollment into Individual Retirement Accounts, the Roth IRA could become the retirement savings plan of choice for millions of Americans.

According to estimates from the Retirement Security Project, a … Continue Reading »

For investors who may not need to use their IRA assets in retirement, employing a “stretch” strategy can ensure that the assets are extended for a longer life to benefit heirs.

With … Continue Reading »

Roth IRA conversions are a great idea for many investors, but it’s important to consider the amount you’re converting, as well as the timing. Converting a Traditional IRA to a Roth … Continue Reading »

Many investors hold IRA assets in a variety of accounts: rollovers from a 401(k), deductible Traditional IRAs, SEP and SIMPLE IRAs, and non-deductible IRAs. When considering conversion of these assets to a Roth IRA, the tax liability is calculated on the aggregate … Continue Reading »

Congress continues to struggle with the decision to reinstitute the estate tax, which was removed temporarily in 2010 as part of the Bush tax cuts. And absent of additional provisions for assessing the value of inherited assets, heirs may be subject to … Continue Reading »

If Congress does not take action in the next six months, income taxes will increase across all tax brackets.

The Bush-era tax cuts, which reduced income taxes and taxes on investments, and … Continue Reading »

A Roth IRA conversion can, in some cases, help investors with significant wealth, but relatively modest incomes receive a higher tax deduction for a charitable donation. Making a Roth IRA conversion … Continue Reading »

Use funds sitting in non-retirement, low interest-bearing accounts, such as CDs and money markets.
Liquidate a taxable investment account that has experienced a loss and use up to $3,000 of that loss to offset additional income from a Roth IRA conversion.
Carry … Continue Reading »

Previously, we’ve discussed how having a tax-free source of income to draw from in retirement can help soften the blow of your personal tax bill. In addition to economic and … Continue Reading »

Have you ever thought about where you plan to live in retirement, and how this could affect the taxes you’re liable for when converting assets to a Roth IRA?

Only nine states impose no income tax. When converting assets to a Roth IRA … Continue Reading »