Roth Conversions – Why Should I Convert?

June 21, 2010

Thanks to recent changes in IRS rules, practically everyone is eligible for a Roth IRA conversion minus the tax consequences. This offers a significant opportunity for credit unions to both offer a compelling member benefit and also generate non-fee income. In this podcast, we visit with Kim Johnson, Director of ERISA Technical Support for Ascensus. Kim joined Ascensus in 1994, bringing to his position a wide range of experience in the insurance and investment industries.

Ascensus is the NAFCU Services Corporation Preferred Partner for IRA, Retirement Plan and Health Savings Account Solutions.

Contact: Mr. Kim Johnson, kim.johnson@ascensus.com; Phone: (800) 432-3731; Website: www.ascensus.com

Interviewer: David C. Frankil, President, NAFCU Services Corporation, dfrankil@nafcu.org; (703) 842-2226

Show References: www.nafcu.org/ascensus