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To: rllee who wrote (52909)	12/2/2013 10:26:02 AM
From: Grommit	2 Recommendations Recommended By E_K_S Jim P. Respond to of 78746

roth conversion link roth Income taxes aside, very high-net-worth individuals may find that converting part or all of a traditional IRA to a Roth is advantageous for estate-planning purposes, especially if there is a significant IRA balance that doesn’t need to be tapped during the owner’s lifetime. also -- if you give a roth IRA to grandchildren, as an example, they can stretch the distributions out over their expected lifetimes. so the account can earn tax free income for a long time!!! this factor is not baked into the above link. If the previous IRA owner dies before distributions have begun, the following rules will generally apply for most people. The entire IRA must be distributed under one of the following two rules: · *Rule 1.* By December 31 of the fifth year following the year of the owner's death. · *Rule 2.* Over the life of the designated beneficiary or over a period not extending beyond the life expectancy of the designated beneficiary. also for a roth: ".. its lack of minimum distribution requirement. Particularly important for those retirees with the ability to delay withdrawals from their retirement accounts, this feature, while often overlooked, can be reason enough to consider a Roth IRA.