New Conversion Law for Roth IRAs
Wisconsin Governor James Doyle signed the 2009 Act 161 aligning the State of Wisconsin with current Federal Laws regarding
Roth IRA conversions on March 15, 2010.
Many who were not eligible for a Roth conversion can now convert a traditional IRA to a Roth IRA, without early distribution
or excess distribution penalties.
Wisconsin River Bank does offer Roth IRAs utilizing a Certificate of Deposit for your investment choice. Call us to
review your term and rate options.
NOTE: Wisconsin River Bank is not engaged in rendering tax, investment or legal advice. If tax, investment or legal
advice is required, please seek the services of your qualified professional advisor.
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