Roth IRA Conversion: Charles Schwab: Roth IRA

Considering a Roth IRA conversion?
We can help.

On January 1, 2010, anyone can convert a traditional IRA to a Roth IRA. But should you? Schwab is here with guidance and personal support to help you think through the decision.

Reaching a decision involves many considerations.
Call a Schwab investment professional at 888-298-6558.

The benefits of a Roth IRA

Earnings grow tax-free
Withdrawals are tax-free¹
No required minimum distributions (RMDs)

Learn more.

What is a Roth IRA conversion?

What’s new for 2010?

Where can I find more information?

A Roth IRA conversion allows you to move assets from a traditional IRA or a 401(k) to a Roth IRA.

All or partial conversion
You have the option of converting all or just part of your traditional retirement assets.

Is it right for you?
It depends on your personal tax and financial situation.

See major Roth IRA conversion considerations.

Through 2009:

Conversion is limited to people with a modified adjusted gross income of $100,000 or less.
The conversion is reported as income for the tax year the conversion takes place.

Starting in 2010:

Income limits disappear— anyone can convert a traditional IRA to a Roth IRA.

Call us for details.

Schwab experts tackle today’s top questions, including:

Get more answers to Roth IRA conversion questions.

Our Roth IRA Conversion Calculator can help you consider if conversion makes sense for you.

1. You must be age 59½ and have held the account for at least five years.

Important Disclosures

This information is for general informational purposes only and is not intended as an individualized recommendation or to be a substitute for specific individualized tax, legal or investment planning advice. Where specific advice is necessary or appropriate, Schwab recommends consultation with a qualified tax advisor, CPA, financial planner or investment manager.

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