Tax planning with Roth conversions

Haven’t converted to a Roth yet? You still have time to decide if a full or partial Roth conversion makes sense for you this year. A potential tax-reducing suggestion:

Transfer investments from your traditional IRA to a Roth during a market dip. You’ll capture after-conversion growth without owing additional tax.

Please call or e-mail us if you have any questions on the deductibility of a loss on your 2010 or 2011 tax returns.

If you have any questions or concerns, please call or stop in the office.

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Enrolled to practice before the IRS, May 1989

Fellow - National Tax Practice Institute , August 1991

Circular 230 Disclaimer:
The information in this e-mail is intended for the recipient and no other individual. Unauthorized use by any other individual is not allowed. If the information in this e-mail is tax related - it cannot be used to for specific tax advice and the recipient should consult KFSI/FHK or their tax consultant for specific advice. The tax advice in this e-mail is not to be construed or to be used for the purpose of avoiding taxes, penalties or interest.

Investment Disclosure:
Kelly Financial Services, Inc. is not a registered broker/dealer or independent investment advisory firm.