For example, if someone has contributed $10,000 post-tax and $30,000 pre-tax to a traditional IRA and wants to convert the post tax $10,000 into a Roth, the pro-rated amount (ratio of taxable contributions to total contributions) is taxable. Direct contributions to a Roth IRA (principal) may be withdrawn tax and penalty-free at any time. 2  Earnings may be withdrawn tax and penalty-free after 5 years if the condition of age 59Â½ (or other qualifying condition) is also met.
Netflix NFLX, -1.04% shares rose 2.5 % after the company said its board approved a seven-for-one stock split. The split will be effected via a stock dividend to be distributed on July 14 to shareholders of record at the close of business on July 2. The stock will begin trading on a post-split basis on July 15. Netflix shares closed at $681.19.
Top Stock Reports for Boeing, Disney & BlackRock 02/12/18-12:00AM EST Zacks Northrop Grumman (NOC) Wins $429M Deal for EHF XDR Payloads 02/09/18-8:39AM EST Zacks. More Zacks News for BA. Company Summary. The Boeing Company is the world's largest aerospace company and leading manufacturer of commercial jetliners and defense, space and security systems. A top U.S. exporter, the company supports airlines and U.S. and allied government customers in 150 countries.