With Market Slump, Time to Convert to a Roth IRA?

In a recent BankRate.com article, Greg McBride suggests that the recent slump in financial markets may present an opportunity for investors to convert to a Roth IRA. A Roth IRA can be tapped tax-free in retirement, and unlike your 401(k) or a traditional IRA, there are no required distributions beginning at age 70 1/2. Many…