Roth IRA Conversion  
When Congress created the Roth IRA, millions of Americans who already had traditional IRAs faced a new decision: “Should I convert to a Roth IRA?” Traditional IRAs feature deductible contributions, and withdrawals are taxed as income. Roth IRA contributions, on the other hand, are not tax deductible, although qualified withdrawals of both contributions and earnings from a Roth IRA are free of federal income tax. One issue to consider is that if you convert your traditional IRA to a Roth IRA, you will owe current federal income tax on the amount you convert. This calculator is designed to help you determine whether you should consider converting to a Roth IRA.
     

1. What is your current age?

2. What is the current balance of your IRA?

$

3. What pre-tax return do you expect on your IRA investments (0 to 12 percent)?

%

4. What marginal tax bracket do you expect to be in during your working years?

5. At what age do you expect to begin withdrawing funds from your IRA? (Enter a number between 60 and 70, but at least five years from your current age.)

6. What pre-tax return do you expect on your investments once withdrawals begin (0 to 12 percent)?

%

7. What marginal tax bracket do you expect to be in during your retirement years?

 
   
   
Eagle Financial
12501 Antioch Suite 102 • Overland Park, KS • 66213
Phone: 913-851-1903 • Fax: 913-851-1907
www.eaglefinancial1.com • lharshbarger@sfsrep.com

 

Lance Harshbarger is a registered representative with Sunset Financiail Services, Inc. a FINRA registered broker-dealer. Sunset Financial Services is registered to offer securities products in all 50 United States. Lance Harshbarger is licensed to offer securities products in Kansas, Missouri, Nebraska, Texas. Lance Harshbarger is also licensed to offer insurance products in these same states. The informaton included herein should not be considered a solicitation or an offer to sell product in any state besides those in which Lance Harshbarger is properly licensed.

*Securities and Investment Advisory Services offered through Sunset Financial Services, Inc., 3520 Broadway, Kansas City, MO., 64111. 816-753-7000 Home Office.  Member  FINRA/SIPC.  Eagle Financial is not affiliated with Sunset Financial Services.