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Podcast: Casual Friday: Financial Insights
Episode: Is a Roth IRA Conversion a Good Idea?
Description: Our office gets lots of questions from clients about whether converting money from a traditional IRA to a Roth IRA makes sense for them. It's a great question, because a Roth IRA has some tremendous advantages and it could make sense if you need to reduce your required minimum distributions down the road.As Brian discusses in this episode, a move from a traditional IRA to a Roth IRA has some big pitfalls, and should only be done after consulting with your financial advisor and CPA or tax professional. A Roth conversion isn't right for everyone... and...