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?

 
   
   
Kingsbridge Financial Group, Inc
501 Broadway • Point Pleasant Beach, NJ • 08742
Phone: (732) 899-1000
www.kingsbridgefinancial.com • Info@Kingsbridge.com

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William H. Damora is a registered representative and investment advisor representative who offers securities products and services through AXA Advisors, LLC (212-314-4600), member FINRA/SIPC, a broker-dealer and investment advisor, and is an agent of AXA Network, LLC and/or its affiliates, including AXA Network Insurance Agency, LLC (in California) and/or AXA Network Insurance Agency of Utah, LLC (in Utah. Kingsbridge Financial Group, is not owned or operated by AXA Advisors, LLC or AXA Network, LLC or it’s affiliates. They may transact business and/or respond to inquiries only in states where they are properly qualified. William H. Damora is licensed to transact insurance business in the following states: CA, CO, CT, DC, FL, MA, MD, NC, NJ, NY, OH, PA, VA; and is registered to offer securities in the following states: AZ, CA, CO, CT, FL, MD, NC, NJ, NY, PA, SC; and authorized to offer investment advisory services in: AZ, CA, CT, FL, MD, NC, NJ, NY, PA, SC. The information in this web site is not investment or securities advice and does not constitute an offer.