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If you’re familiar with Roth conversions, you’re probably already aware of the pro-rata rule. This is a calculation used to determine the amount of taxable income that will be generated when you convert traditional IRA funds into a Roth IRA. In this article, we’ll explain what the pro-rata rule is and how to calculate Roth conversions using this method. What is the Pro-Rata Rule? In short, the pro-rata rule is a calculation
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)