Do You Lose Money If You Do A Roth Conversion?
When you Roth convert, it may seem like you're losing money on your investments. After all, if you pay taxes on your $100k investment now at a 24% rate, you'll only be left with $76k. But as we explain in this video, what you pay in converting now may actually save you money down the line.
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🟥 I Love Roth IRAs and Roth Conversions! 🟥
https://www.kiplinger.com/retirement/retirement-plans/roth-iras/604539/i-love-roth-iras-and-roth-conversions
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Disclaimer: Since we do not know your specific situation, none of this information can serve as tax, legal, financial, insurance, or financial advice, and may be outdated or inaccurate. The information comes from sources believed to be reliable but cannot be guaranteed. This content is prepared for educational purposes only. If you need advice, please contact a qualified CPA, attorney, insurance agent, financial advisor, or the appropriate professional for the subject you would like help with. Peak Retirement Planning, Inc. is an Ohio based registered investment adviser and able to offer advisory services in Ohio and in other states where registered or exempt from registration.
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