Some Advice on Tax Planning
I don't normally give advice on personal finances, but in light of the fiscal situation we are facing, I will pass along one tidbit. Consider converting some of your retirement savings into a Roth IRA. Over the past few years, I have converted all that I can, which is about half of my retirement savings....MOREFor folks unfamiliar with Mankiw, he teaches introductory economics, was Chair of the Council of Economic Advisers and is a quite pushy book salesman.
The way I read the above post is: RUN!
(pay tax now for tax exempt withdrawals in the future)
