“There will never be a better time than now,” declares one tax attorney cited in today’s article in regards to converting your traditional IRA to a Roth IRA. And many financial planners are expressing the same sentiment. Why? The GOP tax bill reduced most rates, and converting now allows individuals to pay taxes on retirement savings at a lower rate – before rates rise again in the future. For more – including who shouldn’t convert, a new Roth conversion rule to be aware of, and when might be the “sweep spot” to convert – CLICK HERE.
Traditional To Roth IRA: The Case To Convert Now
Tags:FinancesFinancial PlannerGOP Tax BillInvestIRALower Tax RateReduced Ratesretirementretirement accountRetirement SavingsRetirement TaxesRoth Conversion RuleRoth IRAsavingsSweep SpotTraditional IRA