Roth IRA Conversions: What Advisors Need to Know
January 6, 2021 by Roger Wohlner
Much has been written about the benefits of converting retirement assets in a traditional IRA to a Roth IRA.
During 2020, Roth conversions received a lot of favorable press with tax rates being low and the stock market being depressed for part of 2020.
This is a retirement savings strategy that might be beneficial for some of your clients, but like any financial strategy it should be looked at on a case-by-case basis to determine if it is a good fit for a particular client.
Here’s a detailed look at Roth IRA conversions to help you decide if this strategy is a good fit for your clients.