Are you considering a Roth Conversion? If so, you may have heard how it can help give you more control over your taxable income in retirement.

What exactly is a Roth Conversion?

A Roth Conversion involves transferring retirement funds from a traditional-type IRA or 401(k) into a Roth account. You would then pay taxes on this money now – rather than in your retirement.

Roth IRA’s are funded with after-tax dollars, and qualified withdrawals are tax free!

Why should you consider a Roth Conversion?

    • Roth IRAs aren’t subject to Required Minimum Distributions (RMDs)
    • You believe your tax bracket will be higher in retirement
    • You want to maximize your estate for your heirs
    • Your accounts aren’t diversified by tax treatment
    • You have irregular income streams and lower than usual income this year

It is important to understand that there are situations in which a Roth Conversion would not benefit you. It is always important to consult your advisor to discuss your options.

To learn more about a Roth Conversion, please visit: