Here’s Why Most US Retirees With Less Than $2,000,000 Should Avoid Roth Conversions
“For the majority of US retirees holding retirement savings under $2 million, Roth conversions often lead to unnecessary tax burdens, higher healthcare costs, and diminished financial flexibility, outweighing potential long-term benefits due to factors like current tax brackets, Medicare surcharges, and limited growth horizons.” Tax Bracket Implications Roth conversions involve shifting funds from traditional IRAs … Read more