Planning a Roth Conversion? Here's the One Thing You Need to Know.
If it's a move on your radar, careful planning is key.
Overview
A Roth conversion could be a savvy move in the context of your retirement. By moving funds from a traditional retirement account to a Roth IRA, you can set yourself up to benefit from tax-free gains and withdrawals.
Plus, Roth IRAs don't force savers to take required minimum distributions. That could spare you a world of headaches down the line, not to mention give you more options in the context of estate planning.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.