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2 Types of Investors Who Can Make the Most of a Roth Conversion Right Now

TheMotleyFool

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2 Types of Investors Who Can Make the Most of a Roth Conversion Right Now: https://g.foolcdn.com/editorial/images/714169/gettyimages-roth-ira-conversion.jpg

Now might be a great time to convert some of your retirement savings from a traditional IRA to a Roth account.

While you might be unhappy about the declining value of your retirement account, you can make lemonade out of lemons. Right now is a great opportunity to convert funds, while stocks have come down in value. You'll only pay taxes on the value of the conversion, so depressed stock prices means a lower tax bill.

There are two groups of investors who can really make the most of a Roth conversion.

Source Fool.com

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