Nov 6th, 2009 - Wall Street Journal
Could you explain how the five-year rule for Roth IRA conversions works and how it differs from the five-year rule for contributions to Roths? Do multiple conversions over a period of time trigger a new five-year waiting period for each conversion? Does attaining age 59½ have an effect?
For withdrawals to be penalty free, the five-year rule governing Roth IRAs for the most part works the same for people who open and begin periodic contributions to a Roth IRA and those who convert to a Roth from a traditional individual retirement account or other retirement plan. But as with all things involving IRAs, there is a wrinkle or two.
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Making good sense of a Roth conversion
Nov 8th, 2009 - News & Observer
Q: To Roth or not to Roth - that is the question. I've read a lot about the big window of opportunity for those with adjusted gross incomes above $100,000 to convert their IRAs to Roth IRAs in 2010.
Study: Half of US kids will receive food stamps
Nov 2nd, 2009 - USA Today
Half of American kids will live in households receiving food stamps before age 20, according to a study reported Monday in Archives of Pediatrics & Adolescent Medicine.
Although one in five children rely on food stamps for years...
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