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?

 
   
   
Szarka Financial
29691 Lorain Road North Olmsted, OH 44070
Phone:

440.779.1430

800.859.8095

Fax: 440.779.0746
info@szarkafinancial.com

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CBC Magazine

Szarka Financial was recently featured in the March issue of CBC Magazine



Job Seeker's Networking Event

Come, meet some new people and begin to develop relationships that just might provide you a path to a new job opportunity!


6:30 - 8:30 pm
Wed, April 25th

Mavis Winkle’s
1st floor in the Crown Office Bldg,
5005 Rockside Rd
Independence, OH 44131
Map & Directions

Please click here to RSVP.



Career Transition Camp Follow Up

We had such an overwhelming response to our offer of assisting with networking, interviewing and resumes that we decided to offer another workshop.


6:30 - 8:30 pm
Wed, April 16th

Szarka Financial
29691 Lorain Rd
North Olmsted, OH 44070
Map & Directions

Please click here to RSVP.



Economic Update

Make plans to attend one of the Spring Economic Update sessions to hear some of the looming issues affecting the markets.


Chuck Conrad, JD &
Rick Martin CFP®


April 24th, 2012
12:00 - 2:00 pm
April 26th, 2012
6:00 - 8:00 pm

Szarka Financial
29691 Lorain Rd
North Olmsted, OH 44070

Please click here to RSVP.



Economic Update

Make plans to attend one of the Spring Economic Update sessions to hear some of the looming issues affecting the markets.


Mark Stratis, CFP®

April 26th, 2012
12:00 - 2:00 pm
May 1st, 2012
6:00 - 8:00 pm

Szarka Financial
29691 Lorain Rd
North Olmsted, OH 44070

Please click here to RSVP.



Economic Update

Make plans to attend one of the Spring Economic Update sessions to hear some of the looming issues affecting the markets.


Alex Menassa, MBA, CPA

May 1st, 2012
12:00 - 2:00 pm
May 3rd, 2012
6:00 - 8:00 pm

Szarka Financial
29691 Lorain Rd
North Olmsted, OH 44070

Please click here to RSVP.



Planning for the Cost of Education

Mark Stratis will share tips developed by the FPA to help you navigate the challenge of paying for a college education.


Mark Stratis, CFP®

June 14th, 2012
7:00 - 8:30 pm

Cuyahoga County Public Library
Fairview Park Branch
21255 Lorain Road
Fairview Park, Ohio 44126

Please click here to RSVP.

Contact Info

29691 Lorain Rd. N. Olmsted, OH 44070

info@szarkafinancial.com

Phone:
440.779.1430
800.859.8095

Fax:
440.779.0746

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