Converting traditional IRAs to Roth IRAs has dominated financial and retirement planning news in 2010 due to the lifting of the income limits on conversion this year and the ability to spread the income taxes payable on conversion over a two year period. Once a Roth IRA is established, Robert Keebler discusses how to use Roth IRA distributions to reduce annual tax liabilities.
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This story is from the CCH’s monthly Focus on Tax newsletter, which provides advise and guidance on federal and state tax issues for tax and accounting professionals.
Read this article from CCH’s Journal of Taxation of Financial Products