If you want to dive into a Roth conversion, there are a lot of strategies to help maximize the value of your untaxed portfolio. After all, with the right timing, a Roth IRA can be the most valuable retirement asset on the market by far.
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Keep an emergency fund on hand in case you run into unexpected expenses. An emergency fund should be liquid — in an account that isn’t at risk of significant fluctuation like the stock market. The tradeoff is that the value of liquid cash can be eroded by inflation. But a high-interest account allows you to earn compound interest. Compare savings accounts from these banks.
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