Do Roth Conversions Count Towards Roth IRA Income Limits?

March 27, 2018

One question we often get is whether Roth Conversions count towards the Modified Adjusted Gross Income (MAGI) thresholds that phase out Roth contributions.  The short answer is “no”.  However, it is important to note that while Roth Conversions don’t count towards those thresholds, IRA distributions do.  So, when you’re charting your client’s course toward the 0% tax bracket, make sure that if you are recommending the Roth IRA,  you don’t include another recommendation that may, in the end, prevent them from doing it.

Don’t forget that the updated and revised version of The Power of Zero will be released through Penguin Random House in September.  It will be available for pre-order well before then.  We will likely know what the new cover looks like within the next three weeks.  I’ll be sure to forward that along.

September also happens to be the month where we’ll be releasing our The Power of Zero documentary.  Here is a non-exhaustive list of who is in the documentary so far:

Ed Slott, Tom Hegna, Van Mueller, David Walker, Larry Kotlikoff–PhD, Martin Eichenbaum–PhD, George P. Schulz–PhD, Dr. Ben Carson, Armstrong Williams, Don Blanton, Congressman Tom McClintock, and others.

If you can get enough RSVP’s you’ll be able to hold client appreciation/marketing events for clients and prospects in movie theaters in your community to screen this film starting in September.  Go to tugg.com to learn more.

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