I wrote an article appearing in the October issue of Utah CEO Magazine which describes the benefits and drawbacks of converting your traditional IRA to a Roth IRA. The article, titled "Roth IRA Conversion: Is it Right for You?" explains the new rules governing these conversions, the special tax opportunity presented by these conversions in 2010, and the protection offered by these conversions in the event the market declines. Swing by a news stand and pick up a copy. Of course, any feedback is welcome.
As always, its best to speak to an independent fee-only financial planner to learn how to best apply this strategy to your situation.
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