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Michael DiSabatino of Sharp CFO™ offers expert insights to help you unlock your business's full potential by delivering proven strategies for maximizing tax savings, streamlining operations, and driving sustainable growth.
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Considering converting your IRA?

tips

Considering converting your IRA?

 

You won't be able to make contributions to a Roth IRA if your income goes above a certain level. However, you do have the option to convert a traditional IRA to a Roth IRA no matter how high your income. People often like Roth IRAs because qualifying distributions are tax-free and annual distributions are not required after age 70½. Make sure to consider that a conversion to a Roth is a taxable event as you do your 2018 planning. Let us know if you have questions.

DiSabatino CPA
Michael DiSabatino
651 Via Alondra Suite 715
Camarillo, CA 93012
Phone: 805-389-7300
ww.sharpcpa.com

This DiSabatino CPA Quick Tip provides thought invoking information regarding the subject matter at time of publishing. Please call with any questions on how this information may impact your situation. This material may not be published, rewritten or redistributed without permission, except as noted here. All rights reserved.

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