Dossier
Roth conversion
Coverage of Roth conversion in the Nexus archive.
- I’m 63 and a retired CPA. I have a $1.2 million 401(k). Do I need a Roth conversion?
A 63-year-old retired CPA and account holder of a $1.2 million 401(k) is questioning the necessity of a Roth conversion. The individual stated that they do not anticipate their marginal tax rate changing materially in the future.
- An adviser told me I can save 35% of the taxes on a Roth conversion. Is that true?
An article questions whether an adviser's claim that a Roth conversion can save 35% in taxes is legitimate. The piece applies the cautionary principle that if something sounds too good to be true, it likely is, suggesting skepticism toward such financial claims.