Roth IRAs

Does the IRS approve of Roth IRA LLCs?

Did you know that if you mess up your IRA rollover the IRS has a process where you request a second chance?  The great part is they typically grant the 2nd chance so long as you haven’t done anything wrong with the IRA.  Which brings up an IRS ruling that just came out today about Read more about Does the IRS approve of Roth IRA LLCs?[…]

Roth 401k Conversions Pt II

Yesterday I talked about how Roth conversion features are considered a revenue raiser by Congress. Today they released proof of the fact in the form of a report issued by the Joint Committee on Taxation, estimated budget effects.  According to government accounting, the ability to convert traditional 401k balances to Roth balances should raise 2.1 Read more about Roth 401k Conversions Pt II[…]