Episode 154: Should I Convert to a Roth IRA – Present Value of Money Argument is a Myth – Busted
Mar 7, 2022
(This is a hypothetical example provided for illustrative purposes only; it does not represent a real life scenario, and should not be construed as advice designed to meet the particular needs of an individual’s situation. Cannot guarantee the accuracy or completeness of the software used to display results or the outputs. Please remember that converting an employer plan account to a Roth IRA is a taxable event. Be sure to consult with a qualified tax advisor before making any decisions regarding your IRA.)
Nate illustrates why the concern over having less money in your account to compound due to taxes paid on a Roth IRA conversion is the wrong way to think about it.
Here are just a handful of the things that we'll discuss:
- Converting to a ROTH
- Taxes on distributions
- Tax Brackets in retirement
- IRS
- Present value of money
THIS WEEK’S OFFER:
Schedule Your Complimentary Fifteen Minute Introductory Phone Call with Nate
More Podcasts
