Is a Roth Conversion Right for You?

Based on current tax laws, three different types of people stand to benefit by moving funds out of their traditional IRAs into a Roth. See if the timing and tax benefits make sense for your plan.

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If you’re like many of my clients, the idea of converting some or all of your traditional IRA money to a Roth IRA pops into your head once or twice a year. Most likely this is as you’re preparing to file your income taxes or when you’re about to meet with your financial adviser to review your retirement plan.

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C. Grant Conness
Investment Adviser Representative, Global Wealth Management

C. Grant Conness is the Co-Founder and Managing Director of Global Wealth Management (www.askglobalwealth.com), an SEC Registered Investment Adviser. He is the co-host of "The Global Wealth Show" airing on NBC, CBS, ABC and FOX. Grant is a regular Kiplinger contributor. He has been quoted in major publications such as "The Wall Street Journal." He currently resides in Fort Lauderdale with his wife, Jessica, and their four children.