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Should I Convert My Traditional IRA To A Roth IRA Now?

Carl has about $35k in a traditional IRA. He's thinking about transferring these funds into a Roth IRA to avoid a tax penalty down the road. Carl would like to know how much he should transfer and if that transfer will count as "earned income" at the end of this year. Original airdate: March 18, 2018 - Hour 1, Call 3. Wes Moss is the host of MONEY MATTERS – the country’s longest-running live call-in, investment and personal finance radio show – on News 95-5FM and AM 750 WSB. Send me your questions directly at (contact box in top right corner) You Can Retire Sooner Than You Think Money Matters with Wes Moss podcast or on Apple Podcasts Twitter: Facebook: Check out my website for more financial tools and articles: Please note, this information is provided to you as a resource for informational purposes only and should not be viewed as investment advice or recommendations. Investing involves risk, including the possible loss of principal. There is ...