Roth Conversions Are a Silver Lining In Falling Market

June 17, 2022

Although most investments have faced difficulty this year, the silver lining is that Roth Conversions can be completed at a discount. This means lower taxes from the conversion, and any future market growth will take place in a tax-free account. Another proactive measure for investors during market declines is tax-loss harvesting of depressed assets in order to offset future capital gains and up to $3,000 of ordinary income each year. This can lead to increased tax savings next year and for years to follow.

At Brandywine Oak, we guide our clients through market volatility by controlling their tax situation to take advantage of all market conditions. To learn more, please read Morningstar’s

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