During these turbulent financial times, it's easy to push important financial decisions to the back burner. But deep down, we all know that procrastination is not prudent when it comes to planning our financial future.
On January 1, 2010, millions of American taxpayers will, for the first time, become eligible to convert Traditional IRA assets and other retirement savings to a Roth IRA. While we all must make numerous important decisions regarding our retirement security, the decision to convert or not convert some or all or our retirement savings to a Roth IRA is likely to be one of the most crucial decisions many of us will make for years to come.
As a group of seasoned retirement industry veterans, our team is dedicated to helping financial service providers throughout the country by arming them with the tools and knowledge they need to help clients like you make informed retirement planning decisions. By sharing a portion of our expertise with the investing public through this free, educational website, we hope to increase the national awareness of Roth savings and Roth conversion options. If we’re successful, we’ll benefit through increased visibility of our firm within the financial services community.
So, if you’re looking for free, comprehensive, unbiased information about the pros (and cons) of Roth savings, you’ve come to the right place. We sincerely hope you’ll benefit from the valuable information contained in our web site and we look forward to receiving your comments and suggestions.
Ben Norquist, CPC, CISP
Founder & CEO
Convergent Retirement Plan Solutions, LLC www.ConvergentRPS.com
ARE YOU READY TO ROTH?
If so, great. If not, now is the perfect time for you to reconsider. On January 1, 2010, millions of American taxpayers became newly eligible to convert Traditional IRA assets and other retirement savings to a Roth IRA.
If you’re like many investors who have all their retirement savings in conventional tax-deferred accounts such as Traditional IRAs and 401(k) plans, you may be less diversified than you realize.
Conventional savings vehicles like Traditional IRAs and 401(k) plans are great arrangements since they allow you to delay paying taxes on your contributions and investment returns. These conventional arrangements don’t, however, shield you from future taxes.
But Roth savings can. And Roth savings can shield you from taxes at a time when you may need tax shelter the most—in retirement.
With significant new Roth conversion opportunities upon us, now is the time to act. You owe it to yourself to understand Roth savings and make informed decisions about your future.