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?

 
   
   
BCR Financial
2000 Corporate Drive, Suite 350 • Wexford, PA • 15090
Phone: 724-933-9000 • Fax: 724-933-9001

*Registered Representatives of Lincoln Financial Securities Corporation, Member SIPC offering investments to residents of the states of: AL, AZ, CA, CO, CT, DE, DC, FL, GA, HI, IA, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, NH, NJ, NV, NY, OH, OK, OR, PA, RI, SC, SD, TX, UT, VA, WA, WI, & WV. BCR Financial Services, L.L.C. is a Pennsylvania licensed Registered investment Advisor. To see a directory of BCR Advisors, please click here.  In NY, insurance may be offered through LFS Marketing & Insurance Agency Corporation.  In CA, insurance may be offered through LFS Marketing & Insurance Sales Corporation.  Some life insurance and annuity policies involve exclusions or limitations.  For costs and complete details of coverage, contact your agent. Lincoln Financial Securities and their representatives do not offer legal or tax advice.  Please see your legal or tax professional regarding your individual circumstances.  BCR Financial Services, L.L.C.  and Lincoln Financial Securities are not affiliated.