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NEWS & RESOURCES
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Roth Road to Riches (Forbes; October 15, 2014)

A Roth Conversion Formula (Forbes; October 15, 2013)

New Roth Conversion: Buyer Beware (MarketWatch; February 19, 2013)

Roth Conversions Easier, But Are They Right? (MarketWatch; January 3, 2013)

Roth 401(k) Convesions For All Thanks to Fiscal Cliff Deal (Forbes; January 2, 2013)

Why the Smart Money Chooses a Roth IRA (U.S. News & World Report; February 27, 2012)

How A High-Earning Couple Got Roth IRAs And You Can Too (Forbes; February 8, 2012)

The Backdoor Roth IRA, Advanced Version (Forbes; January 23, 2012)

The Serial Back Door Roth, A Tax-Free Retirement Kitty (Forbes; January 20, 2012)

Why You Need a Roth IRA (Kiplinger.com; January 19, 2012)

The Roth Switcheroo (Wall Street Journal; October 1, 2011)

Roth IRAs for Teens (Wall Street Journal; August 8, 2011)

The Tax Law That Could Make Your Grandchildren Super-Rich (The Washington Post; June 25, 2011)

Get In Through the Roth Back Door (The Motley Fool, May 23, 2011)

You Can Still Make the Right Roth Move (The Motley Fool, April 29, 2011)

Roth IRA Conversions: Still Smart? (SmartMoney, April 27, 2011)

Make Your Kid Rich With a Roth IRA (Forbes, April 18, 2011)

Avoid These Roth IRA Conversion Mistakes (MarketWatch; April 8, 2010)

Should You Convert a Traditional IRA into a Roth IRA? (Center for Retirement Research at Boston College; March 2010)

10 Things to Know About Roth IRA Conversions (SmartMoney; January 27, 2010)

Why You Should Convert to a Roth Right Now (The Motley Fool; January 6, 2010)

The Smartest Money Move You'll Ever Make (The Motley Fool; January 4, 2010)

This Amazing Opportunity Begins Today (The Motley Fool; January 4, 2010)

What You Need to Know About Roth Conversions (Kiplinger's Personal Finance Magazine; January 2010)

Six Mistakes to Avoid When Converting to a Roth IRA (MarketWatch; December 31, 2009)

The Roth Conversion Question (Forbes Magazine; December 14, 2009)

Why It May Pay To Convert to a Roth IRA (The Wall Street Journal; December 14, 2009)

Roth Confusion Widespread (Forbes.com; November 24, 2009)

New twists on Roth IRAs (Consumer Reports Money Adviser; September 2009)

Conversion Question-Answers to 12 Frequently Asked Questions About Converting to a Roth IRA (MarketWatch; August 6, 2009)

Converting an I.R.A. Into a Roth? How's Your Crystal Ball? (The New York Times; July 17, 2009)

Time to Convert to a Roth IRA? (SmartMoney; April 15, 2009)

Annuity Payments Using a Roth IRA Are Tax-Free (The Wall Street Journal; April 10, 2009)

Which is Better, a Roth 401(k) or a Roth IRA? It Depends on Circumstances (The Boston Globe; April 8, 2009)

The Battered Market and Possible Tax Hikes May Make This the Right Time to Switch Over Your Retirement Fund (The Boston Globe; April 5, 2009)

The Roth Conversion Play (Forbes; April 3, 2009)

Why You Need a Roth IRA (Kiplinger.com; March 19, 2009)

A Guide to Roth IRA Conversions (U.S. News & World Report; February 20, 2009)

Stiff the IRS for the Next 100 Years (The Motley Fool; January 23, 2009)

Step 3:  Roth vs. Traditional IRA (The Motley Fool; January 2, 2009)

Convert Now to a Roth IRA? (Kiplinger.com; December 1, 2008)

A Tax-Savvy Way to Profit from the Panic (The Motley Fool; October 28, 2008)

Undoing a Roth Conversion (Kiplinger.com; July 30, 2008)

When to Switch to a Roth IRA (Kiplinger’s Personal Finance magazine; May 2008)

Can Your Child Open a Roth IRA? (Kiplinger.com; January 2008)

 
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Consumer Information on Retirement Plans

Retirement And Health Care Coverage... Q&As For Dislocated Workers

Savings Matters:  For Employees

 
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IRS Publications
Publication 590-A
Contributions to Individual Retirement Arrangements (IRAs)

Publication 590-B
Distributions from Individual Retirement Arrangements (IRAs)

IRS Documents and Forms
Form 8606, Nondeductible IRAs
Form 8606 is used by taxpayers to report basis (in and out) of Traditional IRAs, distributions from Roth IRAs and conversions to Roth IRAs.

Instructions for Form 8606
Instructions for Form 8606 provide taxpayers with line by line instructions for completing Form 8606.

Form 8880, Credit for Qualified Retirement Savings Contributions
Form 8880 is used by taxpayers to figure the amount, if any, of a retirement savings contributions credit (also known as the saver’s credit).

Miscellaneous

Individual Retirement Arrangements (IRAs)

IRA Online Resource Guide: Individual Retirement Arangements (IRAs)

Individual Retirement Arrangements (IRAs) FAQs

Retirement Savings Contributions Credit

 
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2015 COLAs Issued: Roth Eligibility Limits Increased
October 23, 2014

On October 23, 2014, the IRS issued News Release IR 2014-99 to announce the 2015 cost-of-living adjustments (COLAs) applicable to dollar limitations for individual retirement arrangements (IRAs). While the Roth IRA contribution limit remains unchanged, the income limits associated with Roth IRA eligibility and the tax savers credit have increased for 2015. See the charts below for the updated limits.

2014 COLAs Issued: Roth Eligibility Limits Increased
October 31, 2013

On October 31, 2013, the IRS issued News Release IR 2013-86 to announce the 2014 cost-of-living adjustments (COLAs) applicable to dollar limitations for individual retirement arrangements (IRAs). While the Roth IRA contribution limit remains unchanged, the income limits associated with Roth IRA eligibility and the tax savers credit have increased for 2014. See the charts below for the updated limits.

American Taxpayer Relief Act of 2012 Expands In-Plan Roth Conversions
January 2, 2013

The American Taxpayer Relief Act (ATRA) of 2012, enacted on January 2, 2013, expanded in-plan Roth conversions within elective deferral plans (i.e. 401(k), 403(b) and governmental 457(b) plans) to include amounts that are not currently eligible for distribution from the plan. Under ATRA, if the plan allows, eligible participants may convert any non-Roth plan assets (generally pre-tax) to a designated Roth account in that same plan even if the individual does not have a triggering event to distribute the assets.

2013 COLAs Issued: Roth Limits Increased
October 18, 2012

On October 18, 2012, the IRS issued News Release IR 2012-77 to announce the 2013 cost-of-living adjustments (COLAs) applicable to dollar limitations for individual retirement arrangements (IRAs). The Roth IRA contribution limit as well as the modified adjusted gross income limits (MAGI) for determining Roth IRA contribution eligibility and the Saver's Tax Credit have all increased for 2013. See the charts below for the updated limits.

Roth Regulations for TSP Issued
May 7, 2012

On May 7, 2012, the Federal Retirement Thrift Investment Board issued final regulations on the newly added Roth Thrift Savings Plan (TS) feature. The TSP is a retirement savings and investment plan for Federal employees and members of the uniformed services, including the Ready Reserve.

While start dates for the Roth deferrals may vary between federal agencies, the final regulations are effective May 7, 2012.

A copy of the final Roth TSP regulations can be accessed at http://www.gpo.gov/fdsys/pkg/FR-2012-05-04/pdf/2012-10630.pdf.

2012 COLAs Issued: Roth Contribution Limit Unchanged, Other Limits Increase
October 20, 2011

On October 20, 2011, the IRS issued News Release IR 2011-103 to announce the 2012 cost-of-living adjustments (COLAs) applicable to dollar limitations for employer-sponsored retirement plans including individual retirement arrangements (IRAs). While the IRA contribution limit of $5,000 with an additional $1,000 catch-up remains unchanged, the modified adjusted gross income (MAGI) limits for determining Roth IRA contribution eligibility, as well as the adjusted gross income (AGI) limits for determining the Saver's Tax Credit will both increase for 2012. See the charts below for the updated limits.

2011 COLAs Issued: Roth Limits Increased
October 28, 2010

On October 28, 2010, the IRS issued News Release IR 2010-108 to announce the 2011 cost-of-living adjustments (COLAs) applicable to dollar limitations for employer-sponsored retirement plans including individual retirement arrangements (IRAs). One of the few changes include increases to the modified adjusted gross income (MAGI) limits for determining Roth IRA contribution eligibility, as well as the adjusted gross income (AGI) limits for determining the Saver's Tax Credit. See the charts below for the updated limits.

President Obama Signs In-Plan Roth Conversion Legislation
September 27, 2010

H.R. 5297, the "Small Business Jobs Act of 2010," was signed into law by President Obama on September 27, 2010. This legislation, effective immediately, provides for in-plan "conversions" within an elective deferral plan (i.e. 401(k), 403(b) and governmental 457(b) plans). In other words, if the plan allows, eligible participants of these plans may convert any non-Roth (generally pre-tax) plan assets to a designated Roth account in that same plan. Also, this legislation extends the designated Roth account feature beyond 401(k) and 403(b) plans to governmental 457(b) effective for tax years beginning after 2010.

 
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Traditional and Roth IRA Contribution Limits
2015 $5,500 ($6,500 if eligible for catch-up contribution)
2014 $5,500 ($6,500 if eligible for catch-up contribution)
Employer Plan Salary Deferral Limit (IRC 402(g) limit)
2015 $18,000 ($24,000 if eligible for catch-up contribution)
2014 $17,500 ($23,000 if eligible for catch-up contribution)

Roth IRA Contribution Eligibility Modified Adjusted Gross Income (MAGI) Phase-Out Ranges
Single Individuals $116,000 - $131,000 (2015)
$114,000 - $129,000 (2014)
Married, Filing a Joint Federal Income Tax Return $183,000 - $193,000 (2015)
$181,000 - $191,000 (2014)
Married, Filing a Separate Income Tax Return $0 - $10,000 (2014 and 2015)

Saver’s Tax Credit Adjusted Gross Income (2015)
Joint Return Head of Household All Other Cases  
Over

Not Over

Over Not Over Over Not Over Applicable Percentage
$0 $36,500 $0 $27,375 $0 $18,250 50%
$36,500 $39,500 $27,375 $29,625 $18,250 $19,750 20%
$39,500 $61,000 $29,625 $45,750 $19,750 $30,500 10%
$61,000   $45,750   $30,500   0%

Saver’s Tax Credit Adjusted Gross Income (2014)
Joint Return Head of Household All Other Cases  
Over

Not Over

Over Not Over Over Not Over Applicable Percentage
$0 $36,000 $0 $27,000 $0 $18,000 50%
$36,000 $39,000 $27,000 $29,250 $18,000 $19,500 20%
$39,000 $60,000 $29,250 $45,000 $19,500 $30,000 10%
$60,000   $45,000   $30,000   0%

Federal Income Tax Brackets (2015)
Joint Return Single Head of Household Married/Separate  
Over Not Over Over Not Over Over Not Over Over Not Over Applicable Tax
$0 $18,450 $0 $9,225 $0 $13,150 $0 $9,225 10%
$18,450 $74,900 $9,225 $37,450 $13,150 $50,200 $9,225 $37,450 15%
$74,900 $151,200 $37,450 $90,750 $50,200 $129,600 $37,450 $75,600 25%
$151,200 $230,450 $90,750 $189,300 $129,600 $209,850 $75,600 $115,225 28%
$230,450 $411,500 $189,300 $411,500 $209,850 $411,500 $115,225 $205,750 33%
$411,500 $464,850 $411,500 $413,200 $411,500 $439,000 $205,750 $232,425 35%
$464,850   $413,200   $439,000   $232,425   39.6%

Federal Income Tax Brackets (2014)
Joint Return Single Head of Household Married/Separate  
Over Not Over Over Not Over Over Not Over Over Not Over Applicable Tax
$0 $18,150 $0 $9,075 $0 $12,950 $0 $9,075 10%
$18,150 $73,800 $9,075 $36,900 $12,950 $49,400 $9,075 $36,900 15%
$73,800 $148,850 $36,900 $89,350 $49,400 $127,550 $36,900 $74,425 25%
$148,850 $226,850 $89,350 $186,350 $127,550 $206,600 $74,425 $113,425 28%
$226,850 $405,100 $186,350 $405,100 $206,600 $405,100 $113,425 $202,550 33%
$405,100 $457,600 $405,100 $406,750 $405,100 $432,200 $202,550 $228,800 35%
$457,600   $406,750   $432,200   $228,800   39.6%
 
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