You will not be able to Generate a PDF during this time, even though you can input information.
Click question box to close this notice.
Qualified Account Balance- Enter the amount that the client wants to convert to a Roth IRA.
Savings Account Balance- This savings account balance will automatically populate and is not editable. This value represents the estimated taxes that will be due on the conversion amount and is assumed to be outside of an IRA or other retirement account and in some type of savings account. This number is calculated based on the qualified account balance to be converted, the pre-retirement marginal income tax rate and the pre-retirement savings account return on investment (ROI).
Marginal Tax Rate- Includes current taxes plus the conversion amount.