Should You Convert Traditional IRA Assets to a Roth IRA?
Converting a traditional IRA to a Roth IRA can provide significant benefits, such as tax-free withdrawals, no RMDs, and estate planning advantages.
As an individual investor, you might have heard about converting your traditional IRA (Individual Retirement Account) to a Roth IRA. This article will help you understand the advantages and potential drawbacks of making such a conversion and the optimal timing to maximize your benefits.
Advantages of Roth IRA Conversions
· Tax-free withdrawals: On…
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