Ira conversion to Roth
Terry, great segments on channel 9. I have been receiving many communications from different financial planner indicating there are ways to convert your IRA to Roth for little or no tax. Seems to good to be true. Is there a way to do that?
Thank you for your time and consideration.
Terry Says
Likely too good to be true– unless you’re willing to give a lot of it away to charity. (And I don’t mean the charity of paying commissions/fees to the advisor!)
Please read this article, and use this service to get excellent, unbiased advice on the impact of a conversion –including the potential impact on Medicare Part B and D premiums, as well as on your tax bracket.
https://www.terrysavage.com/roth-conversions-2/
