1The age 70 limit is solely for calculator purposes and does not reflect any legal limits or requirements (extending the
age range beyond age 70 would require modeling required minimum distributions (RMDs)).
2If you have multiple IRAs, you must pro-rate your nontaxable balance among them. The IRS provides a worksheet in Publication 590-B.
3Applies only if you elect to pay conversion taxes from other (non-IRA) assets. This is the tax rate that you estimate
will apply to the side fund that you would have if you don't convert your traditional IRA to a Roth IRA (and therefore don't have to use these
funds to pay conversion taxes). This tax rate may differ from the tax rate that applies to your IRAs because, depending on the investments you
choose, earnings on the side fund may be eligible for capital gains or other special tax treatment (for example, income from certain municipal
bonds may be tax free), while IRA earnings are generally taxed upon distribution only at ordinary income tax rates.
Applies only if you elect to pay conversion taxes from IRA assets.
Any information provided has been prepared from sources believed to be reliable but is not guaranteed, does not represent all available data necessary for making investment decisions and is for informational purposes only.