Cash Flow Planning for Life - Helping you reach your personal & professional financial goals.

Cash Flow Planning for Life

Helping you reach your personal & professional financial goals.

Roth IRA – Opening Multiple Accounts

Posted by Mark On April 7th

Did you know?

You are not required to convert your traditional IRA(s), SEP(s) and SIMPLE(s) into one Roth IRA.

If your assets are of size that will allow you to open multiple Roth accounts, use the different accounts for assets allocation, and then, as mentioned in my previous posts – review each account and re-characterize as necessary.

Creating more options for you today, will make any conversion a win today and into the future.

If you have any questions, comments or concerns about Roth IRA’s, or think I can help you in any other ways, contact me, or give me a call at (239) 384-9688.

– Mark

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This information is based on facts, assumptions and representations as stated and authorities that are subject to change.  We will not update this information for subsequent legislative or administrative changes of future judicial interpretations.

LEGAL NOTICE AND DISCLAIMER:  The information within this post is for informational and educational purposes only and is not tax advice and should not be used as such.  The facts of each individual situation can have significantly different outcomes when applying tax law.  The hiring of a CPA is an important decision not to be based solely on advertisements.

1 Response

  1. Roth IRA – Tax Diversification In Retirement | Cash Flow Planning for Life Says:

    […] Roth IRA – Opening Multiple Accounts […]

    Posted on April 22nd, 2010 at 10:16 am

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