Subscribe to feed

Five Reasons Not To Convert To A Roth IRA

← Back to list

3/13/2010

In recent months, you've probably heard a lot about the benefits of converting traditional pre-tax individual retirement accounts into Roth IRAs. But here's something you may not have heard: Many taxpayers should run, not walk, from a Roth conversion. We will tell you why.

Is your retirement fund leaking? Frequent trading by fund managers can inflate costs that aren't reflected in the numbers most investors watch. That's money from your retirement kitty. How much does it cost you to own a mutual fund? Probably a lot more than you think.

Ten years ago, investors knew that technology would change the world, and they were right. But you can be 100% right about the future and end up with zero to show for it if you overpay in the first place.

Do you fear being grilled by an Eliot Ness-wannabe from the Internal Revenue Service? Unless you have a secret offshore account, are running a cash business mostly off the books or are earning millions a year, that shouldn't be a worry. If you're a reasonably law-abiding taxpayer, fear instead the IRS' computers and its vague letters demanding more cash.

8 sneaky ways to raise taxes. Politicians aren't ready to admit that, before long, taxes are going up on most Americans. Here are some of the areas where governments will try to raise money.

 

 

 

 
Click play button to listen now


Download an Mp3 version of the show to your iPhone or other Mp3 player!
Click here: Download Mp3 of Show

 

RECENT COMMENTARY

Click here to listen live online 
Saturdays 

9 AM Pacific

  • KITZ 1400 AM 
  • KKOL 1300 AM 
  • KGTK 920 AM  

    Sunday Rebroadcast
  • KKOL 1300 AM
    6:00am & 2:00pm 

IMPORTANT DISCLOSURE
 

the Don Creech Show on itunes

Subscribe via iTunes
 



Email Don a Question!

Sponsored by:
 


 



 

Ambassdoe