Tag Archives | roth conversion

The “Back-Door” Roth Conversion

As many of you know, Roth IRAs are one of the best types of retirement accounts out there. As I’ve covered in previous posts, there are tremendous benefits to participating in a Roth IRA: Tax-free distributions in retirement. Access to your contributions at any time penalty free. No required distributions at age 70 ½. What’s not to […]

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The Conversion Issue: Tax Me Now or Tax Me Later!

Key Takeaways Converting a traditional 401(k) or IRA to a Roth IRA has become a popular estate planning and tax mitigation technique in recent years. The basic idea of a Roth IRA is to pay some tax now to avoid paying tax on your withdrawals in your golden years. Roth IRAs have many benefits over […]

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