|
Assuming that congress doesn't change the ROTH, or convert all IRAs to treasuries, then convert while the value is low is best, since you will be taking the tax hit on a lower value.
When the ROTH came out, it seemed like a really good idea. Now that I am a cynical older man, I expect that as a minimum the ROTHs will be means tested. "Rich" people will get the pleasure of paying capital gains on them. "Rich" will not be your definition...
__________________
James
The pessimist complains about the wind; the optimist expects it to change; the engineer adjusts the sails.- William Arthur Ward (1921-1994)
Red-beard for President, 2020
|