Roth conversions pick up amid expectations that taxes will rise
The stock market declines helped by shrinking the value of accounts, as well as the tax bill for converting assets
Pandemic-induced market volatility and warnings from Wall Street that tax rates are bound to rise have more Americans preparing to move money from traditional individual retirement accounts into Roth IRAs.
It’s an attempt at tax arbitrage. With traditional IRAs, a saver is required to begin mak
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