IRA Experts Keen On Roth Conversions
Three of four prominent IRA experts have either already utilized a Roth conversion or plan to do so, and the fourth says he plans to if the market gets even worse.
Click here to see what Ed Slott, Robert Keebler, Seymour Goldberg and Natalie Choate have to say about their personal Roth conversion decisions.
While I have attended programs by Slott, Keebler and Choate, I certainly don't have the same status in the tax world as do they (nor their wealth, I would venture to guess). But for what it's worth, at age 49 I am leaning against doing a Roth conversion for two primary reasons: 1) Even with the coming tax increases, I believe my tax rate during retirement will be lower that it is presently, and 2) I don't want to spend my cash reserves paying the taxes that will be due as a result of the conversion.
