Friday, July 30, 2010

InvNews: Turn lemons into Roth Conversion Cash

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