While few people like the stock market declines we are experiencing. There are some bright spots and opportunities. Should you consider converting a traditional IRA to a Roth during a down market?
Traditional IRAs are pre-tax dollars. While the money grows in the Traditional IRA tax-free; at distribution, you are taxed at your ordinary income tax rates. A Roth IRA invests post-tax dollars. Assuming you meet certain criteria, all Roth IRA distributions are income tax free.READ MORE