The Three Tests Before a Roth Conversion
Before you take the steps for a Roth conversion, it’s important to ask yourself three key questions. Tim Steffen, Director of Advanced Planning at Baird, breaks down how to evaluate whether a Roth conversion is really in your best interest. Click here for more information: https://www.bairdwealth.com/insights/...
00:00 Three Tests Before a Roth Conversion
01:52 How will I pay the upfront tax?
02:50 How does my current tax rate compare to my future tax rate?
04:45 When do I plan to withdraw?
6:13 Other benefits of a Roth conversion