Should I do a Roth conversion?
The short answer
A Roth conversion means paying tax now on money in a traditional IRA or 401(k) so it can grow and come out tax-free later. It can make sense when you expect higher taxes later or want to leave tax-free money to your kids and grandkids. The key is converting the right amount in the right years, not all at once.
Hear Mike discuss it
Reviewed by the 1.oak Financial team · Educational information, not individualized advice. Investment advisory and financial planning services offered through Advisory Alpha, LLC, a Registered Investment Advisor.
