Ed Slott wrote a July 25th article in Investment News that talks about how sales of depressed assets can create a "bank" of capital losses for your clients.
As Slott starts the article: "If your client wants to convert his or her individual retirement account to a Roth IRA this year but doesn't have cash from non-IRA sources to pay the tax on the conversion, consider looking at his or her capital assets."
CLICK HERE to read the entire article.
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*Copyright 2010 Ed Slott and Company, LLC
Friday, July 30, 2010
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