Home About Us Events Blog & Videos Resources Account Access Contact Us Financial Planning, Wealth & Tax Advisory connect ROTH IRA CONVERSION Should You Convert Your Traditional IRA to a Roth IRA? 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. This calculator is designed to help you determine whether you should consider converting to a Roth IRA. What is your current age? 0 10 20 30 40 50 60 What is the current balance of your IRA? 0 50k 100k 150k 200k 250k What pre-tax rate of return do you expect on your IRA investments (0% to 10%)? 0 2 4 6 8 10 What federal income tax bracket do you expect to be in during your working years? 10 12 22 24 32 35 37 Previous Next This hypothetical example is used for illustrative purposes only. Actual results will vary. This information is not intended as tax, legal, investment, or retirement advice or recommendations, and it may not be relied on for the purpose of avoiding any federal tax penalties. You are encouraged to seek advice from an independent tax or legal professional. The content is derived from sources believed to be accurate. Neither the information presented nor any opinion expressed constitutes a solicitation for the purchase or sale of any security. This material was written and prepared by Broadridge Advisor Solutions. © 2021 Broadridge Investor Communication Solutions, Inc. Assured Concepts Group, Inc. Office: 847-426-1077 Fax: 888-966-0177 1141 E. Main Street Suite 215 East Dundee, IL 60118 info@assuredgroup.com The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. Some of this material was developed and produced by outside parties to provide information on a topic that may be of interest. These outside parties are not affiliated with the named representative, broker - dealer, state - or SEC - registered investment advisory firm. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security. Assured Concepts Group Ltd. is neither a broker-dealer nor an investment adviser. Securities,and Viarable Insurance products are offered through National Securities Corporation www.yournational.com, member FINRA/SIPC, www.finra.org, www.sipc.com. Advisory services provided through National Asset Management, Inc. (NAM), a SEC Registered Investment Advisor; a copy of NAM's Brochure is available at NAM's website: National Asset Management.. National Securities Corporation (NSC) is a full service brokerage firm, operated primarily through independent registered representatives. Accounts are carried by National Financial Services LLC,Member NYSE/SIPC, a Fidelity Investments® Company. Insurance prodcuts offered through National Insurance Corporaton (NIC). Investing involves risk including loss of Principal. The information provided is not directed at any investor or category of investors and is provided solely as general information about products and services or to otherwise provide general investment education. None of the information provided should be regarded as a suggestion to engage in or refrain from any investment-related course of action as neither National Securities nor its affiliates are undertaking to provide you with investment advice or recommendations of any kind. See Reg BI/Form CRS Customer Disclosures, Privacy Policy and Client Disclosures. Check the background of your financial professional on FINRA's website: BrokerCheck Site Map Back To Top