HANOI, Vietnam—Petrovietnam's insurance arm PV Insurance raised more than $116.7 million in a state share sale at an initial public offering last week, the Hanoi stock exchange said on Tuesday. PV Insurance sold all of more than 11 million state shares, or 23% stake, at an average price of...
January, 2007
For the best site that I’ve found to the Traditional-to-Roth IRA conversion process (and more clear than the IRS instructions), see the Fairmark guide. Reading through it, you can see there are a ton of variables to consider, including evaluating your current situation and predicting future legislation. Here’s a summary of my decision process after reading the guide:
Am I Allowed To Convert?
My main concern was the income limits. No matter if you are single or married, your total combined modified adjusted gross income (MAGI) cannot be over $100,000. The definition of MAGI is pretty confusing - either read Pub 590 or better yet Fairmark again for the details. But one way to lower your MAGI is to make contributions to your employer’s retirement ...
