Firms Jointly Launch Roth Web Site

A news release said the site includes a library of short educational clips on the 2010 Roth IRA conversion, a compendium of nearly 100 frequently asked questions, a consumer version of the Roth IRA Conversion Optimizer calculator, and links to additional online Roth articles and resources.

“Thanks to changes in federal tax law, millions of American taxpayers will gain access to the Roth IRA conversion option beginning in 2010,” said Ben Norquist, president of Convergent, in the news release. “With retirement confidence at an all time low, the decision of whether to convert a portion of one’s retirement savings to a Roth IRA is arguably one of the most crucial decisions many investors will make in the foreseeable future.”

According to the announcement, the knowledge and technology behind the new site may also be licensed by financial services companies.

The adviser version of the Roth IRA Conversion Optimizer calculator was launched earlier this year and is available in a branded, turnkey format as well as in a fully customized format (see “Web-Based Tool Helps Advisers Perform Roth Conversion Analyses“). In addition, Convergent offers an integrated suite of Roth-focused business development tools, including adviser and consumer workshops and educational content, the release said.