Year-End Planning With Ed Slott Part One
Jill on Money with Jill Schlesinger
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Can You Convert Your IRA?
With markets driving down the value of traditional retirement accounts, does that mean this could be a good time to convert those accounts? Ed Rollins: It's just a big giant bet on where you think future tax rates are going. He says even though you may be retired and think you'll be in a low bracket, you probably won't be. "The key to Roth IRA planning is my always rule. Always pay taxes at the lowest rates," he says.
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Transcript
