Now could be a good time to think about converting your traditional individual retirement account into a Roth IRA. That’s what more advisors have been telling clients these days, given a perfect storm of events that could make prompt action more important than ever.
Converting from a traditional IRA to a Roth IRA has been a strategy used for many years by people who make too much money to open a Roth initially or who make too much to contribute outright to an existing Roth. While converting means an upfront tax bill, any subsequent…
