Business Focus
Clinical Focus
Spotlight
100 Years
CME/CE
Job Board
- Revenue Cycle Management
- COVID-19
- Reimbursement
- Diabetes Awareness Month
- Risk Management
- Patient Retention
- Staffing
- Medical Economics® 100th Anniversary
- Coding and documentation
- Business of Endocrinology
- Telehealth
- Physicians Financial News
- Cybersecurity
- Cardiovascular Clinical Consult
- Locum Tenens, brought to you by LocumLife®
- Weight Management
- Business of Women's Health
- Practice Efficiency
- Finance and Wealth
- EHRs
- Remote Patient Monitoring
- Sponsored Webinars
- Medical Technology
- Billing and collections
- Acute Pain Management
- Exclusive Content
- Value-based Care
- Business of Pediatrics
- Concierge Medicine 2.0 by Castle Connolly Private Health Partners
- Practice Growth
- Concierge Medicine
- Business of Cardiology
- Implementing the Topcon Ocular Telehealth Platform
- Malpractice
- Influenza
- Sexual Health
- Chronic Conditions
- Technology
- Legal and Policy
- Money
- Opinion
- Vaccines
- Practice Management
- Patient Relations
- Careers
Q&A: Converting an IRA to a Roth
How can I convert my individual retirement account into a Roth IRA?
A: If your adjusted gross income exceeds $100,000, you are unable to convert IRA accounts or profit-sharing plan accounts into Roth IRA accounts. However, starting January 1, 2010, the AGI threshold will be eliminated, allowing anyone to convert to a Roth IRA. Converted amounts could come from pretax IRAs, after-tax IRAs, or profit-sharing plans. Although you will be taxed upon conversion on all pre-tax money converted, all future growth is tax-free as long as you follow the special distribution rules.
Related Videos
Related Content
