EPISODE · Jun 7, 2025 · 51 MIN
Rothification - Never Pay Taxes Again
from Winning in Retirement · host Akers Financial Group
Send us Fan MailBrian Akers and Alex Monk discuss the concept of "rothification," or converting pre-tax retirement accounts to Roth IRAs to pay taxes now and enjoy tax-free growth. They explain the history of Roth IRAs, which began in 1998, and the rules for qualified withdrawals at age 59 1/2. They emphasize the importance of tracking contributions on Form 8606 to avoid paying taxes twice. The conversation also covers the benefits of Roth conversions for high-income earners and those nearing required minimum distributions. Additionally, they highlight the strategic use of Roth accounts in estate planning and the potential tax savings for future generations.
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Rothification - Never Pay Taxes Again
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