by Renu Vardhan | Jul 30, 2010 | 2010 Credits/Deductions, Required Minimum Distribution(RMD), Retirement Plans, Tax Changes
Beginning in 2010, the rules for conversions of traditional IRA money to a Roth IRA are changing by eliminating the MAGI limitations and hence, making more investors eligible to convert their traditional IRAs to Roth IRAs. However, look before you leap….just...
by Renu Vardhan | Jan 6, 2009 | Required Minimum Distribution(RMD)
On December 23, 2008, President Bush signed the Worker, Retiree, and Employer Recovery Act of 2008 (H.R. 7327) (the “WRER Act”), which provides that owners and beneficiaries of IRAs and other defined contribution plans who are required to take required...