Comments on: Benefit from Market Losses in Your Retirement Account http://www.theretirementpros.com/blog/2009/01/benefit-from-market-losses-in-your-retirement-account/ Retirement Planning Blog Topics: Social Security, Investments, Safe Money advisory, Retirement Video Seminars Fri, 23 Dec 2011 05:50:30 -0600 http://wordpress.org/?v=2.8.6 hourly 1 By: DrShelby http://www.theretirementpros.com/blog/2009/01/benefit-from-market-losses-in-your-retirement-account/comment-page-1/#comment-375 DrShelby Tue, 03 Mar 2009 20:58:18 +0000 http://www.theretirementpros.com/blog/?p=83#comment-375 Joel, I personally think the star are aligned for a Roth conversion if you can meet the income qualification -- and if your income is too high keep an open mind for 2010 when the income limit is suspended. With retirement account severely depressed because of the market meltdown and higher taxes being telegraphed by Washington, why not pay the lower taxes now and enjoy the tax-free income later? Joel,

I personally think the star are aligned for a Roth conversion if you can meet the income qualification — and if your income is too high keep an open mind for 2010 when the income limit is suspended. With retirement account severely depressed because of the market meltdown and higher taxes being telegraphed by Washington, why not pay the lower taxes now and enjoy the tax-free income later?

]]> By: Joel http://www.theretirementpros.com/blog/2009/01/benefit-from-market-losses-in-your-retirement-account/comment-page-1/#comment-374 Joel Tue, 03 Mar 2009 20:38:07 +0000 http://www.theretirementpros.com/blog/?p=83#comment-374 I think I agree with you. Right now would be a great time to convert to a Roth IRA and it could save us a lot on taxes in the future. I think I agree with you. Right now would be a great time to convert to a Roth IRA and it could save us a lot on taxes in the future.

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