Scottrade Doubles Its Tax Resources for Investors
Online Investing Firm Enhances Tax Tools and Educational Resources, Including Information on 2010 Roth
IRA Changes and Free Tax-Related Branch Seminar Topics
April 08, 2010 02:38 PM Eastern Daylight Time
ST. LOUIS--(EON: Enhanced Online News)--Scottrade, a leading branch-supported online investment firm,
announced today it has enhanced and expanded its online tools and educational resources to help investors make
informed tax decisions and better understand the new 2010 Roth IRA conversion modifications.
“This time of year, investors are looking to get up to speed on the latest tax rules as well as plan the best overall tax
strategy,” said Steve Walkenbach, executive director of business and product development at Scottrade. “Through
our online Knowledge Center, investors can quickly and conveniently access key information. We’ve consolidated
information so it’s easier to find, and added a substantial amount of new tools and educational information, including
information on the new 2010 Roth IRA conversion rules.”
Scottrade offers investors a variety of new and updated tax and IRA tools and resources, including:
l Tax and IRA Education – Scottrade helps investors get educated on how brokerage and retirement
investments are taxed and how to make investments more tax efficient. Scottrade also offers detailed
information on the 2010 changes related to Roth IRAs, including the removal of income limitations for
converting to a Roth.
l Tax and IRA Calculators – Interactive calculators help investors predict their tax refunds, explore how life
events impact taxes, plan for taxes in retirement, and more.
l Taxes and Investing Strategy – Investors can learn how different investing strategies can impact taxes and
find information about the tax implications of municipal bond and mutual fund investing, IRA conversions and
wash sales.
l Gain/Loss & Tax Center – The new Gain/Loss & Tax Center enables customers to view a summary of key
account information, including unrealized gains and losses, net gain or loss for the year, and a convenient
snapshot of an account's current holdings, organized by investment product. This new cost basis analysis tool
is designed to help investors maximize their gains and minimize their tax burden with sophisticated, easy-to-use
tools and tax strategies.
l TurboTax Discounts – Scottrade customers receive up to 30 percent off TurboTax online federal products,
or 20 percent off TurboTax Desktop software download. Customers have a one-stop source for tax
documents and forms, and can import tax information from a Scottrade account directly to TurboTax.
Branch Education Seminars
In addition to its increased online resources, Scottrade also offers free branch seminars open to the public that
provide in-person education on a variety of tax-related topics, including: “Take Control of your Rollover IRA,”
“Planning for Retirement,” and “Taxes and Your Scottrade Account.” Branch seminars are small-group educational
sessions held in Scottrade branches across the country.
About Scottrade
As a leading online investing firm, Scottrade offers a full line of investment products, online trading services and
market research tools to help investors take control of their financial future. Scottrade is dedicated to personalized
customer service and value, providing customers the convenience of buying many stocks online at just $7 per trade
and the support of the largest branch network among online investment firms, with more than 450 nationwide branch
offices. Scottrade has been named one of FORTUNE magazine’s “100 Best Companies to Work For” in America
for three consecutive years. For more information, visit www.scottrade.com and follow us on Facebook, Twitter,
YouTube and Flickr.
Scottrade does not provide tax advice and these tools are not meant as a replacement for professional advice.
Please consult your tax, or legal, advisor for questions concerning your client’s personal tax or financial situation.
Contacts
Scottrade
Carrie Trent, 314-965-1555 x1475
ctrent@scottrade.com
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