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Are you thinking about converting your traditional IRA into a Roth IRA? You don’t have to do much research before you realize that the process is clear as mud. Let’s bring some clarity to the situation. The benefits of converting an IRA depend upon several factors that we’ll look at one at a time. 1 – Changes to Tax Law Upcoming tax reform is a major unknown and, therefore, a major issue. President Trump and the Republican-controlled Congress have set an agenda to lower tax rates and eliminate many existing tax deductions.
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