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How Can Roth Conversions Help With Tax Efficiency?

Summary by Wealthtender
When rolling funds over or converting from a qualified retirement accounts (401k, Traditional IRA, SIMPLE IRA, or SEP IRA) to a Roth IRA, you will need to pay the taxes, as those accounts were funded with pre-tax dollars. If you have sufficient cash available, consider using that money to pay the taxes so you can […]
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Wealthtender broke the news in on Tuesday, March 18, 2025.
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