2 Questions to Ask Before Tackling a Roth IRA Conversion

Roth IRA conversions help you avoid taxes on your retirement withdrawals, but they can make your taxes a little more complicated this year. If you're not careful, you could wind up with a bigger bill than you were anticipating. That doesn't mean a Roth IRA conversion is a bad idea, though. You just need to plan it carefully.

Here are two questions to ask yourself in order to decide whether a Roth IRA conversion makes sense for you and how much you should convert this year.

Image source: Getty Images.

Continue reading

Source Fool.com