The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Should I Convert?||Date: 6/19/2011 11:28 AM|
|Author: edyboom223||Number: 113528 of 122041|
Here's my situation:
I am 27.
I have a Traditional IRA with about $3,000.
I have a Roth IRA with about $42,000.
I have read that it's good to have tax diversification, and this makes me think it's safe to have 2 accounts. However, I believe the Roth is superior to the Traditional IRA, so I feel that I should convert. What do you think? Thanks in advance for any feedback.
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