Why and When a Roth IRA Conversion Might Make Sense

posted in IRA Jul 28, 2020


 

Millions of Americans participate in traditional IRAs (individual retirement accounts) to build their retirement savings. While no one would argue against contributing to a retirement account on a consistent basis, the type of account those funds go into may be up for debate.

Though they have similarities, there are a number of compelling reasons you may want to advise investors to consider converting their traditional IRA over to a Roth IRA.

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