
IRA Conversion
Conversions of a traditional IRA to a Roth can differ individual to individual, even where the same sum of money is involved. Let’s take, for example, two individuals, each with $100,000 in a traditional IRA, that the funds were identically invested and would double over 10 years. The tax rate was posed to be 30%. The first individual paid the $30,000 to convert her IRA to a Roth IRA, and as a result had $70,000. At the end, she had $140,000 to withdraw tax-free. The other individual didn’t convert and his $100,000 grew to $200,000. But when he went to