Roth Conversions
The idea of converting a traditional IRA to a Roth (atax-free IRA) is to gain two advantages:
Allow the IRA funds to continue to grow...
Roth Conversion Advantage
Let’s take this hypothetical example. You worked for a company for 25 years, built up your 401(k) account and upon retirement, rolled it to...
Roth IRA Conversion – no out of pocket costs
I’ve always been surprised that these two issues arise when discussing a Roth IRA conversion:
the conversion only makes sense when the tax is paid...