http://www.iraroth.net IRA Questions and Answers Tue, 17 Jan 2012 00:09:43 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 http://www.iraroth.net/2010/02/claimed-exempt-all-of-07-looking-at-iras-to-reduce-tax-liability-how-much-can-i-do-and-what-makes-sense/ http://www.iraroth.net/2010/02/claimed-exempt-all-of-07-looking-at-iras-to-reduce-tax-liability-how-much-can-i-do-and-what-makes-sense/#comments Mon, 15 Feb 2010 01:23:58 +0000 admin http://www.iraroth.net/2010/02/claimed-exempt-all-of-07-looking-at-iras-to-reduce-tax-liability-how-much-can-i-do-and-what-makes-sense/ bottom line, want to make sure I am not going to owe come april…..have the typical situations, 2 mortgages, not so typical 4 children….
Single income family, about 125K gross annually, 401K participation

]]> http://www.iraroth.net/2010/02/claimed-exempt-all-of-07-looking-at-iras-to-reduce-tax-liability-how-much-can-i-do-and-what-makes-sense/feed/ 4 http://www.iraroth.net/2009/12/401k-rollover-to-roth-ira-for-married-couple-both-age-60-does-it-make-financial-sense/ http://www.iraroth.net/2009/12/401k-rollover-to-roth-ira-for-married-couple-both-age-60-does-it-make-financial-sense/#comments Sun, 20 Dec 2009 03:10:47 +0000 admin http://www.iraroth.net/2009/12/401k-rollover-to-roth-ira-for-married-couple-both-age-60-does-it-make-financial-sense/ With the new rule in effect as of March 2008 allowing a direct 401k rollover to Roth IRA, could you shed some light on this scenario: A couple, both over 60 files jointly and will be earning less income when retired. Currently both are working and earn 100,000. When retired their income will be 46,000. They have 300,000 combined in their 401k and would like to know if it makes financial sense to rollover to a Roth Ira. Thank you for your help.

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