6 (Common) Roth Conversion Mistakes to Avoid!

Roth conversions are a powerful tax savings tool for many retirees. There are many reasons to do Roth conversions:Pay less tax now compared to the futureMinimize future RMDsAvoid future IRMAA surchargesHelp avoid the Widow's Tax TrapLeave tax-free assets to heirsBut mistakes can be made when doing these conversions. In this episode, Jacob shares 6 common Roth conversion mistakes to watch out for.***Help me make the show better in 2024. Fill out this quick survey!Want help with your retirement plan?👇🏼☎️ Book a call with me: https://calendly.com/jacobduke/intro✉️ Email me: [email protected] your question here: [email protected]: https://www.youtube.com/@retirementanswers#retirement #howmuchtoretire #retirementplanning #rothira #rothconversion #investing #401k #socialsecurity