Should you Convert your 401K to a Roth?

Update: 2022-11-21

Description

We’ve talked before about the tax advantages of converting your 401(k) money over to a Roth. One article says those best suited for a conversion are:

Retired.
Years away from the RMD age of 72.
Married couples with a large age gap.
Those not yet taking Social Security.

Why are these factors an advantage?

Comments

In Channel

Portfolio Allocation: Is 60/40 still real?

2023-07-0309:30

The Trump Tax Cuts end in 2026... then what?

2023-06-1908:22

You Can Have Risk, and also Protect and Grow your Money!

2023-06-0507:57

Have you saved enough to retire?

2023-05-2206:57

How you can WIN at retirement!

2023-05-0810:58

The Stock Market IS NOT a Retirement Plan!

2023-04-2411:14

The Order of Taking Funds in Retirement

2023-04-1010:53

The "gotcha" expense in retirement!

2023-03-2709:42

Don't Let Uncle Sam Ruin Your Retirement!

2023-03-1308:54

Are We in a Recession? If so, how can you protect your money?

2023-02-2710:59

Is the 4% Rule Still Relevant?

2023-02-1310:22

President Biden addresses Inflation and our Economy

2023-01-3008:49

What does a diversified portfolio look like?

2023-01-1611:10

Should You Pay off Your Mortgage before Retiring?

2023-01-0207:21