134: Converting Funds to a Roth IRA When the Stock Market is Down

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 down Resources: Download the 3 Fundamental "Money Moves" to Make Before Turning 45 The BLX Internship Program Luis' LinkedIN Luis' Twitter Luis' IG On My Way to Wealth YouTube Channel