Avoid These 5 Common Roth Conversion Mistakes

Join Mat and Mark as they break down the 5 most common mistakes clients make when converting their Traditional IRA money to Roth!

Roth conversions remain popular as many fear that tax rates will only increase in the next few years, so why not convert now at lower tax rates and let the account grow and come out tax-free at retirement?

Remember, if you have a traditional IRA or 401(k), that money grows tax-deferred, but you pay tax on it as it is drawn out at retirement. If you have traditional dollars where you obtained tax deductions for those contributions, you must pay tax on the amount you want to convert to Roth.

Schedule a Free 15-minute new account phone appointment with one of our experienced Senior Account Executives regarding the type of account best for you. https://directedira.com/appointment

To submit your questions, listen, search for prior episodes, or sign up for our Weekly Free Newsletter, visit https://directedira.com/podcast

Subscribe To Video:

Subscribe To Audio: