how to make the most of this potentially

The Internal Revenue Service is going to get its piece of your hard-earned, tax-deferred retirement savings accounts — it’s just a matter of when. A harsh reality? Perhaps. A chance to think strategically about your retirement accounts? Absolutely That’s because there may be ideal times — and less ideal times — for people to get the taxes on their IRAs, 401(k)s, 403(b)s and other tax-deferred accounts over and done with, if they haven’t already, according to retirement savings experts. Spotting a good time is an art and a science, they say, that involves cold, hard numbers and regulations. But it also involves tougher-to-pin questions about a person’s future needs and future taxes. Turning retirement money into the version that comes out tax-free may not be right for everyone, said Devin Carroll, the owner of Carroll Advisory Group in Texarkana, Texas. But people should know what the process entails when it comes to converting a traditional IRA and other tax-deferred accounts to a Roth IRA, he noted

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