Convert a traditional IRA into a Roth IRA
If you have been thinking of converting your traditional IRA into a Roth IRA, a bear market is the right time to do it. Since the market is down your tax bill is likely to be much lower compared to what you would have paid if you had executed the conversion during a bull market. Once the downturn is over, your Roth IRA account is likely to increase in value as stocks recover.
