Are you worried about remembering to take your required minimum distributions (RMDs) each year once you hit age 70½? If you’re a traditional IRA account owner, this may be just one of the reasons you’re considering a Roth conversion. 

While converting can come with many benefits, such as no RMDs and a lower tax bill in retirement, it’s also not for everyone. There are several questions you should ask yourself to determine whether or not a Roth conversion is right for you.

For items to consider prior to converting, click here to download "To Convert or NOT to Convert in 5 Easy Stepspdf"

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To discuss Roth conversions and learn more about ways to reduce your tax bill in retirement, contact our office at (877) 714-2362 to schedule a time to visit.

 

Interested in learning more? Enroll in our income planning course today:

https://wealthfinancialpartners.net/ip-course

 

For more IRA Expertise, contact us!

Walter F. Pardo, Founding Partner

An Ed Slott Master Elite IRA Advisor

22 Church Street | P.O. Box 60 | Liberty Corner, NJ | 07938

Phone (877) 714-2362 | Fax 1 + (908) 325.0008

info@wfp-taxes.com

wfp-taxes.com