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Financial Planning / Tax Strategies


Subject:  Re: Should I Convert? Date:  6/19/2011  2:26 PM
Author:  CABob Number:  113534 of 124763

Do you have another tax deferred account such as a 401k or do you expect to have one in the future? Are you currently contributing to the IRA?
I think that it is desireable at time of retirement or withdrawal to have a mixture of accounts (tax deferred, tax free, and taxable) so you can tax manage your withdrawals to an extent.
If the $3K IRA is currently stagnant I would be inclined to convert unless there are other factors.

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