From: Ron Peterson
Newsgroups: misc.invest.financial-plan
Subject: Re: Q: What to do with IRA loss?
Date: Mon, 29 Oct 2007 15:29:40 -0500
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On Oct 29, 4:01 am, Thomas Cruise wrote:
> I have both Roth IRA and traditional IRA.
> Both have lost significant percentage of contribution/rollover.
What are you choosing for investment (e.g. mutual funds, index funds,
stocks, bonds)?
> I have not made any contribution to either IRA for few years.
> I may not make any contribution in 2007 or 2008.
If you can afford to, it'a a good idea to make the contributions.
> What are the financial moves I can make to make lemonade out of lemon?
You may want to convert your traditional IRA to a Roth now while its
value is down, particularly if you have any after tax contributions to
it.
--
Ron
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