Article
How Much Money Should You Convert To A Roth Each Year?
How Much Money Should You Convert To A Roth Each Year?
Authored by Javier Simon via The Epoch Times,
A Roth conversion allows you to turn funds in a traditional IRA into a Roth IRA. As a result, you get to enjoy qualified tax-free withdrawals in retirement. And you avoid the required minimum distributions (RMDs) that may trigger major tax consequences for retirees.
Roth conversions can deliver major tax benefits, but knowing how much to convert is crucial. Jack_the_sparow/shutterstock
However, a Roth conversion can also set off surprise tax bombs if you convert...
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