The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Re: Now the time to convert IRA? Date:  10/19/2008  1:20 PM
Author:  pauleckler Number:  64300 of 88058

Bex76, even though your Roth conversion will not be tax free, it will still cost you less to convert while stocks are down than it will after they recover.

So your basic idea is still excellent. Yes, its a great time to do a conversion. (It will still cost you some income taxes to do it--but less than otherwise.)

That haircut is giving you a nice discount from the govt.
Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us