Advisors should do a Net Unrealized Appreciation calculation before they advise clients to convert to a Roth IRA, according to C. James Johnson, a presenter of retirement planning and tax strategies for Allianz Life Financial Services.
“We had fully expected that capital gains would go to at least 20% in 2011, but it stayed at 15% under the 2010 Tax Relief Act. That’s especially positive for advisors working with people who have access to 401(k) money” and who have had company matches in the form of publicly traded corporate stock.
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