What's good about a stock market drop?

It’s a good time to consider a ROTH conversion. Pay tax when your account value is low. Let your account value grow and never be taxed again!

Note: If you’re under 59.5 years old, you’ll need to pay the tax out of a different source, or you’ll pay a 10% early penalty fee.

Remember it’s not how much money you have, but what you keep – after taxes!

The net return is the same if tax rates stay the same. However the ROTH IRA advantage compounds over time if tax rates increase. Note, if Congress does nothing, the current low tax rates will end in 2025.

#retirementplanning #retirementgoals #happyretirement #retirementincome #retirement #retirementlife #retirementcommunity #cash #casharmy #lifegoals #wealth#entrepreneurship #successtips #successmindset #entrepreneur #business #invest #401k #retired #investments