![](https://i0.wp.com/shacklemedia.com/wp-content/uploads/2021/11/considering-a-roth-ira-conversion-theres-no-time-like-the-present.jpg?w=640&ssl=1)
Now could be a good time to think about converting your traditional individual retirement account into a Roth IRA. That’s what more advisors have been telling clients these days, given a perfect storm of events that could make prompt action more important than ever.
Converting from a traditional IRA to a Roth IRA has been a strategy used for many years by people who make too much money to open a Roth initially or who make too much to contribute outright to an existing Roth. While converting means an upfront tax bill, any subsequent…
Source: finance.yahoo.com
Related posts:
‘The market is shifting.’ Here’s exactly when 3 economists predict competition in the housing market...
I’m a Trump supporter, but as an investor I’m wary of the Trump SPAC
Cathie Wood expects ARK Invest picks to return up to 40% over 5 years despite 2021 slide — 3 tech st...
Big Fund Slashes Stakes in Chip Stocks AMD, Intel, Nvidia, and Micron
Bitcoin's Correction Continues for Now, but Eventually It Could Go 'Parabolic,' Says Peter Brandt