Should I Convert My IRA To A Roth IRA? #shorts #retirement #retirementplanning Full Video: Should I Convert My IRA to A Roth IRA (Part 1) Who Should Convert IRA to Roth IRA In this 3 part video blog I want to begin by discussing: Who should convert their IRA to a Roth IRA. I am asked quite often, "Should I Convert my IRA to a Roth IRA," and to be honest the answer is, "It depends." Everyone's retirement and financial picture is different. Whether you should convert your IRA to a Roth IRA is not the same as your neighbor. So, let's dive into 3 individuals that I believe should convert their IRA or a Roth IRA and I hope this helps you on your retirement journey! 1. Low Income tax Bracket If you are in a low income tax bracket, you are a prime candidate for converting your IRA to a Roth IRA. Why do I say that. Well, when you convert IRA Retirement savings to Roth IRA tax free retirement savings, you have to pay tax on the conversion in the yea
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)