Maybe Jim Gust is right about Roth IRA conversions. So I thought when I saw this item from Investment News, citing evidence that investors are "desperate" for information on the subject.
Well, maybe not. The evidence turns out to be a tripling in the number of people searching via Google for "Roth IRA conversion" recently, compared with last January. Seems more likely that virtually nobody was googling the topic when the year began.
While interest among upper-income people about the opportunity to covert traditional IRAs to Roths may not be red hot, it is heating up. T. Rowe Price is among the fund families that has responded with good doses of detailed analysis, as I found when I downloaded the Fall T. Rowe Price Report here.
For a well-heeled IRA holder who can afford to move a sizable sum into a Roth IRA and leave it untouched for an heir, the results could be dramatic, according to this T. Rowe Price table:
No comments:
Post a Comment