Buried in the footnotes of the Tax Cuts and Jobs Act (TCJA) Conference Report was a boring, but important explanation: No longer will tax professionals debate the legitimacy of contributing to a traditional, non-deductible IRA and immediately converting it to a Roth IRA.
Posts Tagged: Roth IRA
The retirement contribution limits to your 401(k) plan, IRA and Roth IRA will not go up in 2017.
There are many long-term perks to converting to a Roth IRA. Read the article to find out why.