Why Roth IRA Conversions Can Make Sense in a Down Market
When stocks struggle or tread water, going Roth gains merit. Converting a traditional IRA to a Roth IRA is no easy decision. After all, it is a taxable event. When the stock market is down or sluggish, however, a Roth conversion has more appeal. Traditional IRA owners “go Roth” for some very good reasons. A…