#137 - 7 scenarios where it might be beneficial to do Roth conversions

Retirement Planning Education, with Andy Panko - A podcast by Andy Panko - Thursdays

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Andy discussed seven common scenarios where it might be beneficial to do Roth conversions: You know your income now is much lower than it will be in the futureYou're married (and may eventually be single)You have large pre-tax accountsYour eventual heirs are likely to be in higher tax situations than you currently areYour plan on moving to a state that will have higher income taxes than your current stateYou're convinced tax rates will increase markedly in the futureYou want greater tax "dive...