Roth IRA Conversion  
When Congress created the Roth IRA, millions of Americans who already had traditional IRAs faced a new decision: “Should I convert to a Roth IRA?” Traditional IRAs feature deductible contributions, and withdrawals are taxed as income. Roth IRA contributions, on the other hand, are not tax deductible, although qualified withdrawals of both contributions and earnings from a Roth IRA are free of federal income tax. One issue to consider is that if you convert your traditional IRA to a Roth IRA, you will owe current federal income tax on the amount you convert. This calculator is designed to help you determine whether you should consider converting to a Roth IRA.
     

1. What is your current age?

2. What is the current balance of your IRA?

$

3. What pre-tax return do you expect on your IRA investments (0 to 12 percent)?

%

4. What marginal tax bracket do you expect to be in during your working years?

5. At what age do you expect to begin withdrawing funds from your IRA? (Enter a number between 60 and 70, but at least five years from your current age.)

6. What pre-tax return do you expect on your investments once withdrawals begin (0 to 12 percent)?

%

7. What marginal tax bracket do you expect to be in during your retirement years?

 
   
   
Securities America
100 Almeria Avenue, Suite 310 • Coral Gables, FL • 33134
Phone: 866-323-8326 • Fax: 866-610-0042
www.ricktonkinson.com • info@RickTonkinson.com

Securities offered through Securities America, Inc. Member FINRA/SIPC.Rick Tonkinson, Steven Tonkinson, Margarita Tonkinson, Registered Representative. Advisory Services offered through Securities America Advisors, Inc. an SEC Registered Investment Advisor, Rick Tonkinson, Steven Tonkinson, Margarita Tonkinson, Representatives. Rick Tonkinson & Associates, Inc. and Securities America are unaffiliated.

This is not an offer or solicitation for brokerage services or other products or services in any jurisdiction where we are not authorized to do business.  We are licensed to sell Insurance Products in the following states:AL, AR, AZ, CT, FL, GA, IL, KS, NC, NJ, SC, TN,TX, VA, WA. We are registered to sell Securities in the following states: AL,AR, AZ, CT, FL, GA, IL, KS, KY,  NC, NJ, NY, OH,  SC, TN, TX, VA, WA, WI.
 

*FPL is a registered trademark of Florida Power & Light Company ("FPL"). Rick Tonkinson & Associates, Inc.is not endorsed or sponsored by, affiliated with or authorized by FPL Group Inc., its subsidiary, FPL, or the FPL Group Retirement Plans.