Salient to Investors: The IRS said conversions from regular IRAs to Roth retirement accounts increased more than nine times in 2010, rising to $64.8 billion from $6.8 billion in 2009, and the first time Roth conversions were greater than contributions. More than 10 percent of IRA holders with annual incomes
READ MORE... →Salient to Investors: The Employee Benefit Research Institute said: 48 percent of people who were aged 61 to 70 and in the bottom half of the income distribution withdrew substantially from their IRAs annually during 2002-10, along with 29 percent of people in the top quarter of incomes who were
READ MORE... →Salient to Investors: Anyone holding an IRA or 401(k) should leave a note explaining the importance of retitling if you want your heirs to get as much tax deferral as they can from the money you leave them. The best strategy for heirs is to leave as much money as possible
READ MORE... →