Critical Roth IRA Conversion Rules Every Advisor Must Know
Mar 31, 2014
By Denise Appleby, APA, CISP, CRC, CRPS, CRSP
Failure to follow the rules on Roth conversions could result in increased taxes and penalties that negate the benefits of converting to a Roth in the first place. Here is what you need to know on paying taxes, spreading income, RMDs, excess contributions, and timing.