ROTH conversion - do it now

[lucija]

It occurred to me this is EXCELLENT time for ROTH conversions!

With the market down so much, converting now will minimize taxes (by converting an ever shrinking IRA balance) and provide you with the benefit of the (eventual) upswing and higher balance in the ROTH account.

I wish we could convert some of out IRAs to ROTH! Than again, I should be careful what I wish for - we just may get a chance after all if we get laid-off...