What is a Roth Conversion?
In this episode I explain how Roth conversions can be a very powerful tool when it comes to successful retirement planning.
We will cover the two types of retirement money and explain what a Roth conversion is and how it will impact your taxes.
A Roth conversion is radical delayed gratification. Performing one is the ultimate extreme in sound financial planning. Why is this the case? Because whatever you convert will cost you in taxes NOW. You do a conversion because you know the prepayment of retirement taxes will be worth it in the future. If you’ve ever thought about a Roth conversion, and want to know more–start here!