Roth IRA conversions are a popular planning tool. In some cases they might be a solid option for many of your clients in or near retirement.
Roth conversions allow your client to control when they pay income tax on their retirement assets, enabling them to take advantage of lower-income years and allowing future investment returns to accrue tax-free.
Roth conversions can serve several purposes in clients' retirement planning and in the management of required minimum distributions. They are also a valuable estate planning tool. Here's what to know.
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