Roth conversions are a great strategy that you can use to help build up your “tax-free” bucket in order to provide you with more flexibility in retirement. Having more tax-free money can help you avoid tax time-bombs, maintain some control of your taxable income in retirement, or even be used as an excellent legacy to pass down to heirs.

More specifically, I discuss:

• Our upcoming “Retirement Planning Today” classes in February 2023
• The main differences between a Roth IRA and Traditional IRA or other pre-tax account
• What is a Roth conversion?
• What are the main reasons to consider doing a Roth conversion?
• Pitfalls to look out for when doing a Roth conversion
• Strategies on how to pay potential taxes owed on a Roth conversion

Resources:

• Get Show Notes Here
• Free Retirement Analysis for Ages 50+
• Retired-ish Newsletter Sign-Up