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?

 
   
   
Deferred Compensation, 401(k), Pension and Individual Investment solutions
11100 Wayzata Blvd, Suite 161 • Minnetonka, MN • 55305
Phone: 952.277.4259
Toll Free: 800.626.7095		 • Fax: 952.277.4301
• swanson.joe@principal.com

Joe Swanson is licensed in MN, WI, IA, and SD to offer insurance products, and life insurance (including variable life), annuities (including variable annuities), and is securities registered in CA, IA, MN, ND, NJ, NM, OH, SD, WI, and WV and adviser registered in MN.  Cindy Henry is licensed in MN, NE, OH, and WI to offer insurance products, and life insurance (including variable life), annuities (including variable annuities), and is securities registered in IL, MN, WI, and WV and adviser registered in MN.  Peter Hyjek is licensed in CA, GA, IA, MN, ND, NE, OH, and WI to offer insurance products, and life insurance (including variable life), annuities (including variable annuities), and is securities registered in CA, FL, GA, IA, IL, MN, MO, ND, NJ, OH, WA, and WI and adviser registered in MN.  Andy Tighe is licensed in MN to offer insurance products, and life insurance (including variable life), annuities (including variable annuities), and is securities registered in MN and WI and adviser registered in WI.

This site is not a solicitation of interest in any of these products in any other state.

IMPORTANT CONSUMER INFORMATION: Joe, Cindy, Peter, and Andy may only transact business in a particular state after licensure or satisfying qualifications requirements of that state, or only if he or she is excluded or exempted from the state's registration requirements.  Follow-up, individualized responses to consumers in a particular state by Joe, Cindy, Peter or Andy that involve either the effecting or attempting to effect transactions in securities or the rendering of personalized investment advice for compensation, as the case may be, shall not be made without first complying with the state's requirements, or pursuant to an applicable state exemption or exclusion.  For information concerning the licensure status or disciplinary history of a broker-dealer, investment adviser, BD agent or IA representative or any financial institution he or she represents, contact your state securities law administrator.

Insurance products from the Principal Financial Group® are issued by Principal National Life Insurance Company (except in New York), Principal Life Insurance Company, and the companies available through the Preferred Product Network, Inc.  Securities and advisory products offered through Princor Financial Services Corporation, 800/247-1737, member SIPC.  Principal National, Principal Life, the Preferred Product Network and Princor® are members of the Principal Financial Group®, Des Moines, IA 50392.  Joe Swanson, Cindy Henry, Peter Hyjek and Andy Tighe, Principal National and Principal Life Financial Representatives, Princor Registered Representatives, Financial Advisors.

Principal Life maintains certificates of authority to transact insurance in all 50 states.  Principal Life NAIC identification number is 61271.  Principal National NAIC identification number is 71161.

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