Roth Conversions Can Be Advantageous, but Not for Everyone.
There may be times when a Roth conversion may be advantageous; but there are others when it may not be your best move.
There may be times when a Roth conversion may be advantageous; but there are others when it may not be your best move.
A Roth conversion for some IRA assets may provide more tax savings than you realize.
Required minimum distributions (RMDs) have been eliminated for 2020 due to the COVID-19 pandemic; but, you just might want to consider taking a distribution anyway. Why?
Good question. Whether or not you should roll-over your retirement funds to an IRA….. it depends (#1 in the consultant’s handbook of responses).
Looking for retirement security?
Government spending has been out of control for decades and Congress needs to raise revenue. So, they passed The SECURE (Setting Every Community Up for Retirement Enhancement) Act in December 2019. It may secure the government’s future; but, one provision may make your heir’s retirement a little less secure.