Roth IRA: Charitable Opportunities in Roth IRA Conversions
Many Americans may want to consider converting their IRAs to Roth IRAs in 2010. If done however, the value of each converted IRA is added to their adjusted gross income and some may find they have a large tax liability. One way community foundations can help tax advisors is to suggest offsetting high income years with strategic tax deductions, specifically charitable gifts. The Community Foundation is providing the following helpful resources for donors and professional advisors regarding this Roth IRA opportunity.

Roth IRA Conversion
This handout shares more information about the Roth IRA conversion and charitable opportunities. 



 
Choosing Community Over Taxes 
This additional handout discusses the charitable beneficiary designations.



 
 High earners can convert to Roth IRA in 2010
Sample Newsletter content for professional advisors to share with their clients.




 
 Featured Videos on the Community Foundation and Roth IRA
Watch this exclusive video featuring Jonathan Blattmachr, recognized as one of the most creative trusts and estates lawyers in the country. In this video, Mr. Blattmachr discusses the value of Community Foundations and the Roth IRA. Also available is a video that discusses the changes affecting the Roth IRA and the charitable giving options to consider featuring Marjorie A. Horwin, CPA, of Morrison, Brown, Argiz & Farra, LLP and Jeffrey A. Baskies, Esq., of Katz Baskies LLC in Boca Raton.
 

Please note: These resources are not intended to serve as legal guidance. Please consult legal or tax professionals and the Internal Revenue Service for further information and explanation.
Roth IRA