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134: Converting Funds to a Roth IRA When the Stock Market is Down
On My Way to Wealth
English - February 08, 2023 08:00 - 20 minutes - 46.6 MB - ★★★★★ - 18 ratingsInvesting Business financialadvice retirement buildingcredit financialplanning generationx genx gettingoutofdebt investinginvestments money saving Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: 133: Why You Need an Estate Plan with Andres Mazabel
Next Episode: 135: 4 Things Every Solopreneur Should Know!
Roth IRAs are a great way to have tax free income in retirement. If you have pre-tax funds in a Traditional IRA or 401K, you may benefit from converting those funds into a Roth IRA. Tune in to learn strategies you can use and the pro’s and con’s to help you make an informed decision.
Notes:
In this episode Luis talks about:
What is a Roth IRA? How much you can contribute to a Roth IRA What is a conversion and how does it work? The pro’s and con’s of doing a Roth conversion The benefits of doing a Roth conversion when the stock market is downResources:
Download the 3 Fundamental “Money Moves” to Make Before Turning 45