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 10 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 10 percent)?

%

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

 
   
   
Yorktown Financial Group, Inc.
Yorktown Financial Group, Inc.
300 Yorktown Plaza, 3rd Floor
Elkins Park, PA 19027
Phone: 215-517-6665
Fax: 215-517-5610

Rose Tree Corporate Center II
1400 North Providence Road
Suite 1015
Media, PA 19063
Phone: 610-891-9700
Fax: 610-892-2900

Alan J. Fishman, CLU, CFP®
afishman@yorktownfinancialgroup.com

Derek Lemke,CFP®
dlemke@yorktownfinancialgroup.com

Ronda Hornstein, Admin
(Elkins Park, Pa.)
rhornstein@yorktownfinancialgroup.com

Cindy McPeak, Admin
(Media, Pa.)
mcpeak_cindy@nlvmail.com

Securities and investment advisory services are offered solely through registered representatives and investment adviser representatives of Equity Services, Inc., Member FINRA/SIPC,  Broker/Dealer and Registered Investment Adviser, Rose Tree Corporate Center II, 1400 N. Providence Road, Suite 1015, Media, Pennsylvania 19063  (610) 891-9700  Yorktown Financial Group and all other entities and individuals referenced are independent of Equity Services, Inc. unless otherwise noted.


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