Timothy Sumer

BEST Roth IRA Conversion Strategy for retirement planning || Roth Conversion Fully Explained In this video, I want to discuss a Roth conversion strategy that will help you maximize the amount of dollars you are trying to convert from IRA to Roth IRA. What is a Roth IRA conversion? A Roth Conversion is moving pretax money from an IRA to a Roth IRA. When you do this, you'll pay taxes on the amount you move from your IRA to your Roth IRA, but the money will now grow tax free in your Roth IRA account. A Roth IRA Conversion makes sense for individuals who believe that might be in a higher tax bracket once they get into retirement and want to eliminate taxes from their retirement income. The biggest advantage to a Roth IRA conversion is the ability to take tax free withdrawals in the future. These tax free withdrawals can be use for retirement income once you are in retirement. Also, there is no predicting where tax brackets will be when you retire, so having a large...

Use This Roth IRA Conversion Strategy for Optimal Tax Free Growth In this video, I want to discuss a Roth conversion strategy that will help you maximize the amount of dollars you are trying to convert from IRA to Roth IRA. What is a Roth IRA conversion? A Roth Conversion is moving pretax money from an IRA to a Roth IRA. When you do this, you'll pay taxes on the amount you move from your IRA to your Roth IRA, but the money will now grow tax free in your Roth IRA account. A Roth IRA Conversion makes sense for individuals who believe that might be in a higher tax bracket once they get into retirement and want to eliminate taxes from their retirement income. The biggest advantage to a Roth IRA conversion is the ability to take tax free withdrawals in the future. These tax free withdrawals can be use for retirement income once you are in retirement. Also, there is no predicting where tax brackets will be when you retire, so having a large Roth IRA account can help el...