A Roth conversion moves money from a traditional IRA or 401k to a Roth IRA. You pay income tax on the converted amount now, but the money then grows tax-free and isn't subject to required minimum distributions (RMDs). It's often worth it during low-income years — especially early retirement before Social Security begins.
This answer is provided for general informational purposes only and does not constitute financial advice. Every family’s situation is different. For personalized guidance, schedule a free consultation with our team.
Book a Free Consultation