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 10 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 10 percent)?

%

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

 
   
   
Marathon Financial Strategies
1792 Bristol Farms Court, Suite 101 • Grayson, Gwinnett County, GA • 30017
Phone: 770 985-0650
• mark@marathon-forthelongrun.com

 

Mark DiGiovanni, CFP, is currently licensed in the following states only, and can therefore offer services to residents of these states only.  Licensing in additional states can be obtained as necessary.  Currently licensed states are Georgia, Alabama, Tennessee, Delaware, Minnesota, Massachusetts and New York.   

Securities and advisory services offered through The Strategic Financial Alliance (SFA), member FINRA/SIPC,  Mark DiGiovanni of Marathon Financial Strategies is a registered representative and investment advisor representative of SFA, which is otherwise unaffiliated with Marathon Financial Strategies. Supervising Office (678) 954-4000