Craig Wear, CFP® introduces a "Roth conversion reset," framing current market/tax conditions as a new opportunity to perform aggressive Roth IRA conversions. He acknowledges that some people have hesitated due to uncertainty about potential tax-code changes.
This is going down as the great Roth conversion reset. You now have a new chance. You have a new opportunity to get freshly acquainted with what's going to happen and to help yourself by doing some really aggressive Roth conversions. You see, in the past, all this year, we've had people getting really motivated to get Roth conversions. And on the other hand, we've had other people who have been dragging their feet say, well, yeah, but what if they change the tax codes?
