Roth IRA
I have a Roth IRA and a 401k. I’m retired and 65 years old. Is it best to put my 401k into a Roth IRA so that I don’t pay more taxes when I start taking it out?
Terry Says
That requires a lot of planning. The conversion could increase your income — AND your Medicare premiums!
Please read this column: https://www.terrysavage.com/roth-conversions-2/
And watch the linked podcast.
You need to work with a financial planner who has expertise in this area.
