CONSIDERING CONVERTING TO A ROTH?

Given the new tax laws and significant media attention being paid to the subject, many people across the country are considering whether or not they should convert their fully taxable retirement plan (such as a 401k, IRA or other) into a tax free Roth.

Typically, the quest to consider converting comes down to one or more of the following reasons:

1. The desire to have more spendable income at retirement
2. The desire to leave more money to heirs
3. Unwanted income: the desire not to be forced by the IRS to take income from a taxable IRA
4. The desire to take advantage of previous or current tax losses

The internet is filled with cookie cutter analysis software that strives to help one figure out whether or not they should actually convert.

However, getting an efficient understanding as to whether or not you should actually convert requires a better understanding of one’s situation that no cookie cutter analysis can ever provide. Furthermore, if you are like many people who are considering converting to a Roth to get more income at retirement, don’t jump into a conversion so fast: there are often more effective ways to generate additional income at retirement than paying the tax now to convert to a Roth.

If you are interested in getting some information on the subject as well as discussing the subject with a person who has in depth knowledge of Roth conversions and one who has written about or been interviewed in national media about it (for example; Smart Money, The Wall Street Journal, American Institute of Certified Public Accountants, etc.), feel free to fill out the form below.

A conversation will not cost anything and there is no obligation to do any business whatsoever.