To explore whether to convert funds to a Roth IRA, check out NewRetirement. It's Roth Conversion Explorer tool enables you to test out your Roth IRA conversion plan under various tax and wealth scenarios. I recommend you check it out to help you minimize taxes for the future.
Join 55,000+ others and sign up for my free weekly newsletter and get my posts delivered to your e-mail by subscribing here.
Thank you for your positive 5-star podcast reviews and for Buy This, Not That!
Episode Summary:
Are you thinking about contributing or converting tax-deferred funds into a Roth IRA? Let me share some math and some reasons why and why you shouldn't contribute.
Posts mentioned:
Shifting Assets From Tax-Deferred To Tax-Now Retirement Vehicles
Why I Never Contributed To A Roth IRA But Why You Probably Should