Being smart with $$ -- Low Income This Year? Maybe Convert.

Are you in a lower-than-usual tax bracket this year?  Consider a Roth IRA conversion.  This involves moving money from a pre-tax IRA to a Roth (after-tax) IRA and watching your money grow tax free until you need it in retirement.  No tax will be due in the future but you do need to come up with money today to pay taxes.  However, if your tax bracket is low this year then it may be worthwhile.  Ask me for more details. And hurry because it must be done by Friday to count for 2016.

- Larry Pike, CFA, Client Priority Financial Advisors LLC

- www.clientpriority.com