August 18, 2011

Looking on the bright side of stock market woes

With assets losing value it’s hard to find any good news in the investment markets. One exception is that now may be a good time to convert a traditional IRA to a Roth IRA. When you convert you have to pay taxes but with reduces values the amount of taxes will be less.

Read about this strategy in “Market Woes Open Door for Roth Conversions” By Steve Garmhausen

http://www.financial-planning.com/news/roth-ira-conversions-following-market-losses-2674700-1.html

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