The Roth Conversion Conundrum: Timing is Everything for Late Career Savers As millions of Americans approach retirement age, a growing concern is the complexity of tax advantaged savings.
For those with significant 401(k) balances, converting a portion to a Roth IRA has become an appealing solution – but its benefits are often overstated.
The allure of a Roth conversion lies in avoiding required minimum distributions (RMDs), which can devastate retirement income streams.