Roth IRA Conversions—When Should I Convert?

Archive for March 2016

Roth IRA Conversions—When Should I Convert?

Individual Retirement Accounts (IRAs) come in two varieties—the traditional IRA and the Roth IRA. The traditional IRA allows you the opportunity to claim a tax deduction on your income tax return for contributions made to the IRA, and you must pay income tax on withdrawals from the IRA. The Roth IRA does not allow you…

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