While many Americans bemoan the losses they’ve seen in their investment portfolios since 2008, investors just getting started might look on today’s markets as a 30% off sale.
One of the challenges new investors face is choosing the right account for their needs, or whether or not they should convert to a ROTH IRA. Today I logged into Vanguard’s live webcast to help clear up some confusion around ROTH IRAs, conversions from a traditional IRA to a ROTH IRA, and who can contribute to a ROTH IRA.
Regardless of where your investment accounts are located, now is a great time to consider what type of IRA is best for your retirement planning, and if you can benefit from a ROTH conversion. Learn more about ROTH and Traditional IRAs here.