Should You Convert Your IRA to a Roth in 2010?

By On December 31, 2009 · Leave a Comment

In this week’s Conarchy’s Corner (length: 8 minutes) Ed Conarchy tackles the headlines of the Jan. 1, 2010 rule that now lets you convert your traditional/deductable IRA into a Roth IRA with no income limits. Yes it sounds alluring, turning your taxable withdrawals from your IRA into a Roth IRA that allows you tax-free withdrawals. But before you pull the trigger and do it, the question is should you be doing it? Is it a financial benefit to you? Watch and see the facts you need to know before you act. Also, I am making available to you a 6 page article on this very subject from #1 Financial Advisor Ric Edelman. This article will help you determine if you should be taking advantage of this rule change or not. Just email me at econarchy@ccmclending.com for your free copy of “Ric Edelman’s Roth IRA Conversion Conundrum.” Happy New Year!

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