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Community: Investing Wiki

Term Of The Hour

qualified retirement distribution: Original post by Mark Kennan of Demand Media Conversions to a Roth IRA may result in a big tax bill. http://photos2.demandstudios.com/DM-Resize/photos.demandstudios.com/getty/article/56/78/76800058.jpg?w=700&h=700&keep_ratio=1 Creatas/Creatas/Getty Images When you convert a traditional IRA to a Roth IRA, the amount of the conversion is added to your taxable income for the year. Depending…

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