Tag: conventional ira

The brief finds that converting a traditional IRA to a Roth IRA may appeal to people who: expect their tax rates to rise in retirement; prefer more flexible withdrawal options; and/or wish to increase their tax-sheltered assets…

Introduction Individual Retirement Accounts (IRAs) now hold more assets than either defined benefit or defined contribution pension plans, but many people do not understand how they work. This Just the Facts reminds readers of the differences between Roth and conventional IRAs and describes their role to date as saving vehicles. This piece concludes that althoug…