Ask Terry Questions Ira to Roth conversion.

Ira to Roth conversion.

By Terry Savage on May 28, 2022 | Financial Planning / Retirement

Hello Terry.
I’ve been doing a Ira to Roth conversion for a few years. Can I do a conversion in 2022? I’ve hear it may done away with. I don’t want to do a conversion and find out I have to undo it. I want to take advantage of the market being down.

Terry Says

I have heard absolutely nothing about changing the rules on conversions. And, yes, when the market is down is the perfect time to do a conversion.

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