Tuesday, February 12, 2013

American Taxpayer Relief Act of 2012


Victoria Trigg reminds us that the American Taxpayer Relief Act of 2012 (enacted to avoid the fiscal cliff) contains two provisions that may be important to certain IRA owners and retirement plan participants.  The first extends tax-free charitable contributions from IRAs through 2013, and the second liberalizes the rules for 401(k), 403(b), and 457(b) in-plan Roth conversions.