If you converted an IRA to a Roth IRA in 2010 and that account has now lost value, you may want to re-characterize your Roth IRA conversion to decrease taxes paid, but you must hurry and make this decision by October 18th

Trying to decide who to assign as your IRA beneficiary? See the benefits of assigning your spouse the beneficiary.

While it seems to be a simple idea to just make your estate the beneficiary of your IRA, thereby allowing you to make adjustments to your final beneficiaries via your will – there is a problem that will arise if you decide to take this route.

As you know, it is against all the rules to use your IRA to invest in anything which benefits you or a related party. However – and there’s always a however in life, right? – there is one possible way that you could use funds from an IRA to invest in your own business.

If you find yourself in the position of having too high of an income to make a deductible contribution to your IRA for the year ($110,000 for joint filers in 2011, $66,000 for Single and Head of Household), you may be wondering if it’s a good idea to make a non-deductible contribution to your IRA.

We’ve discussed in the past how it’s possible to eliminate quarterly estimated tax payments by using a withdrawal from your IRA. But did you realize that you can actually put this method in motion without actually increasing your income?