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Must have for financial and tax professionals:IRA...

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Calculators, forums, articles and more on 72(t) and 72(q) /SEPP Plans. Includes RMD Calculators...


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  • I have about $250,000 in a traditional IRA, and want to convert the amount to a Roth IRA. However, converting the entire balance will push me in a higher tax bracket, and I cannot afford to pay all the taxes that will be owed in one year.  I do not want to pay the taxes owed with my IRA funds, but instead prefer to pay it out of pocket (with non-IRA funds). Can I convert portions of that $250,000 traditional IRA over a period of several years? 

  • What is the difference between a direct rollover and an indirect rollover?