Should I Convert My IRA to a Roth After Retirement?
Understanding IRA Conversions An IRA conversion involves transferring funds from a traditional IRA or other pre-tax retirement account to a Roth IRA. Roth IRAs are funded with after-tax dollars, meaning that the contributions are not tax-deductible. However, qualified withdrawals from a Roth IRA are tax-free. Benefits of Converting to a Roth IRA After Retirement Tax-free … Read more