Indeed, the authors find that for workers hired after the
Roth's introduction, 19.0 percent have positive
Roth balances and 14.3 percent of employee contributions are flowing to the
Roth, versus 7.9 percent with a positive balance and 4.7 percent of employee contribution flows for workers hired prior to the
Roth's introduction.
Gertzman himself seems profoundly ambivalent about
Roth. On the one hand, he presents him as something of an anti-hero: a bold opponent of establishment privilege and snobbery, a pioneer of the campaign against conservative U.S.
Rickey asked that
Roth send Ed Staples, his assistant, a detailed outline of
Roth's ideas.
Today, a
Roth IRA conversion will generate taxable income in the year of that transaction, no matter what happens afterwards.
"I have many favorite books by
Roth, but this is one of them."
Roth's best-known work was the 1969 novel "Portnoy's Complaint," a first-person narrative about Alexander Portnoy, a young middle-class Jewish New Yorker.
Nevertheless, there are reasons to be cautious about
Roth conversions now.
This begins to make sense when you look at the percentage of employees investing in
Roth 401(k) accounts.
Su Xin points out that the period between the 70's and the mid-80's is the critical turning point of
Roth's creative life, although
Roth then was comparatively desolate and silent.
"High earners are not excluded like they would be from a
Roth IRA," Slott says.
Therefore,
Roth accounts cannot be recommended across the board; every client's needs and resources must be analyzed.
In addition, the Further Reading list is bound to be useful to anyone interested in the comparative reading of
Roth's fiction.