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Should You Convert Your Retirement Account to Roth? | The Financial Mirror
When you first start gaining an understanding of money, you are told early on that you need to prepare for retirement. The problem with this is that no one ever really tells you how. Even worse, sometimes you get started saving for retirement one way, only to hear of a better way later on. At this point, you could feel like it is too late to make the change to one of these better options. Today I want to discuss the most common one that you will hear about, Roth Conversions. During this episode, I want to help you answer one simple question, “Should you convert your retirement account to a Roth account?”. Once we get to the end of this, you will understand the process and be able to determine if those benefits outweigh the costs.
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