Roth IRA conversion warnings from other bloggers
IT'S ONLY MONEY BLOG: Other things to carefully consider before you convert.
It's Only Money wrote recently about the Roth IRA conversion opportunity this year and answered reader reaction to it.Here are other takes, all cautionary, from the blogosphere:
- Joe Taxpayer via GoodFinancialCents offers some unforseen consequences of a conversion.
- Bad Money Advice also warns about a big downside to converting.
- GenXFinance warns against using your IRA assets to pay the tax costs of a conversion.
