12 Reasons to Reconsider a Roth Conversion

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Source: Forbes
12 Reasons to Reconsider a Roth Conversion
Photo: Forbes
TL;DR Summary

The article discusses reasons to reconsider converting a traditional IRA to a Roth IRA, especially in light of potential extensions to the Trump-era tax cuts. It outlines 11 scenarios where a Roth conversion might not be beneficial, such as using IRA funds to pay taxes, having low-income beneficiaries, or planning charitable donations. The piece emphasizes the importance of evaluating personal financial situations and tax implications before proceeding with a conversion.

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