Join this episode of Your Retirement Solution Podcast as Matt Perrone discusses how a Roth conversion can help benefit and maximize your retirement and tax planning strategies. Matt shares his advice and explains why Roth Conversions are highly recommended, yet not something that you’re required to do.
In this episode, you will learn:
- How you can benefit from a Roth conversion in today’s low tax rate environment
- Matt’s insight on Roth conversions now that the income limit has disappeared
- What a “backdoor” Roth conversion is and its tax benefits
- The role of the five-year rule when it comes to the 10% early IRA withdrawal
- And more!
Tune in as Matt reveals the different purposes and functions of a Roth conversion!