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RSS FeedsSmartMoney Podcast: `Should I Convert My IRA to a Roth?´
(WorldNews Business)

 
 

24 february 2020 19:56:04

 
SmartMoney Podcast: `Should I Convert My IRA to a Roth?´
(WorldNews Business)
 


Welcome to NerdWallet´s SmartMoney podcast, where we answer your real-world money questions - in 15 minutes or less. Check out this episode on any of these platforms:Apple PodcastsSpotifySoundCloud This week´s question is from Mike, who says: `I´m wondering about Roth conversions. My wife and I have about half of our retirement money in rollover or pretax IRAs. We´re also contributing to 401(k)s with our current employers. I´m wondering if we should convert any of our IRAs to Roth IRAs. Our federal tax bracket is relatively high. How do we decide if and when to do a conversion?` Our take A Roth conversion is when you transfer money from a regular retirement account, which is taxable in...


 
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