roth segregation 2012 10
TRANSCRIPT
Last Chance for aRoth Conversion
David John MarottaPresident
Marotta Wealth Managementwww.emarotta.com
ComprehensiveWealth Mangement
Taxes
ContributionLimit
$5,000
Catch-upProvision
$6,000
Age 50+
TAX
TAX
TAX
TAX
TAX
TAX
TAX
Withdrawals
WithdrawalsTraditional
IRA
RothIRA
Contributions
Contributions
WithdrawalsNondeductible
IRAContributions
RMD
TAX
TAX
TAX
TAX
TAX
TAX
TAX
RothIRA
Con
versio
n
TraditionalIRA
Jan
Apr
TAX
TAX
TAX
TAX
TAX
TAX
TAX
RothIRA
Con
versio
n
TraditionalIRA
Rech
ara
cte
riza
tion
Jan
Apr Oct
Taxes
John, 50 years old$75,000 taxable income$500,000 traditional IRA
25% 2012 rate28% 2013 rate
28% 2013 rate$89,286 (-10.7%)$25,000 taxes
25% 2012 rate$100,000 Conversion$25,000 taxes
$170,900 at 31%should be kept ifaccounts are up17.9% or more$388,350 total$313,350 conversion
$75,000 income$67,700 at 25%$74,750 at 28%$217,450 total
Jan
Apr Oct
Asset Allocation
Series1
Asset Allocation
Jan
Apr Oct$$
Jan
Apr Oct$$
Comprehensive Wealth Managementwith a Trusted Fiduciary Advisor
Last Chance for aRoth Conversion
David John MarottaPresident
Marotta Wealth Managementwww.emarotta.com