Can I convert my Traditional IRA to a Roth IRA?

You can convert a Traditional IRA to a Roth IRA as long as your Adjusted Gross Income (AGI) doesn't exceed current income limits established by the federal government; check with an accountant to determine if you are eligible.

You should also be aware that the IRS will impose taxes on any deductible contribution or earnings on the traditional IRA amounts being converted to a Roth IRA.

If you have any further questions about this, call us at 206.398.5500 or send us a message.