For many investors, converting a traditional IRA to a Roth IRA makes a lot of sense. You pay taxes right away on the pre-tax contribuions that are in your traditional IRA, but if you follow the right rules, you won’t pay any taxes when you withdrawal the money. The deadline for converting your traditional IRA to a roth IRA is today,December 31st, 2013.
Converting means paying taxes now rather than later. Deciding whether this is the right investment strategy for you depends on me important factor that you shoud consider. To discuss how to convert your traditional IRA to a roth IRA or to learn more, call Quest Trust Company at 800-320-5950 today to have a consultation with one of our IRA Specialists!