Episode 154: Should I Convert to a Roth IRA – Present Value of Money Argument is a Myth – Busted

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Episode
36 of 68
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23M
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Engelsk
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Økonomi & Business

(This is a hypothetical example provided for illustrative purposes only; it does not represent a real life scenario, and should not be construed as advice designed to meet the particular needs of an individual's situation. Cannot guarantee the accuracy or completeness of the software used to display results or the outputs. Please remember that converting an employer plan account to a Roth IRA is a taxable event. Be sure to consult with a qualified tax advisor before making any decisions regarding your IRA.) Nate illustrates why the concern over having less money in your account to compound due to taxes paid on a Roth IRA conversion is the wrong way to think about it. Key takeaways: • Converting to a ROTH • Taxes on distributions • Tax Brackets in retirement • IRS • Present value of money Click here to see the source for today's episode!


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