To help you reach your retirement goals, I wanted to inform you of a recent change in tax law that might work to your advantage.

Before recent law changes, conversion from a Traditional IRA to a Roth IRA was only available to individuals meeting certain criteria. Beginning in 2010, everyone will have the opportunity to convert. Unlike the Traditional IRA, a Roth IRA allows tax-free withdrawals, a tax-free inheritance for your heirs, and no requirement to take minimum distributions from the account. In order to take advantage of these Roth advantages, I recommend that we touch base and take inventory of your retirement accounts. 

If you are not currently holding assets in a Traditional IRA, you can take advantage of conversion by maximizing contributions into a new account until 2010.  If you have retirement assets with other financial institutions, we can talk about consolidating those accounts and converting all or part of these assets to a Morgan Stanley Smith Barney Roth IRA as well.

Please contact Eileen R Beatty (908 518 3790) to discuss your retirement planning options and arrange a complimentary workshop analysis of the IRA choices available to you. 

I look forward to speaking with you.