Doesn’t 2010 seem like a long way off? It’s not if you are a wise woman planning your tax strategy. 2010 is the year of the Roth for all.

Under current tax rules, you can convert a traditional IRA (tax deferred) to a Roth IRA (tax-free IRA) only if your modified adjusted gross income is no more than $100,000 a year. However, starting in 2010, there is no income limit for conversions of your traditional IRA into a Roth. And, you get to spread your tax payments over two years. By converting your traditional retirement funds to a Roth gives you the ability to make contributions in the future that will grow tax free. Any profits coming back into the Roth from your savvy, self-directed investments comes back tax free as well!

Plan now to take advantage of the 2010 provision and Grow Rich tax free! For more information on the 2010 Roth Provision, visit www.theentrustgroup.com.

This entry was posted on Friday, May 23rd, 2008 at 8:00 am and is filed under Self-Directed IRA. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.