In an editorial in the same journal, researchers describe how opioid painkillers like Vicodin and Percocet have become increasingly common without good evidence that they help patients in the long run.
One of the main reasons that people choose to recharacterize a Roth IRA back into a Traditional IRA is because their investments have suffered serious losses since their conversion. For example, if you have a Traditional IRA with a balance of $100,000 that you converted into a Roth IRA, you owe taxes on that conversion.here are several reasons that you may want or need to recharacterize an IRA contribution. Your contribution may benefit from a recharacterization if the value of your investments has declined since the time you made the conversation from Traditional IRA to a Roth.
If you converted to a Roth IRA and its value fell, you can benefit by recharacterizing if you are eligible for a traditional IRA. Example: You contributed $5000 to a deductible Traditional IRA in March 2009, and expected to reduce your taxes by $1250 because you were in a 25% tax bracket.f you recharacterize the 2009 contribution as a Roth contribution, you save $500 in taxes. Example: You contributed $5000 to a Roth IRA in April 2007 even though you were eligible for a deductible IRA. In October 2008, your Roth has lost 40% of its value.