Converting to a Roth IRA in 2022 Could Decrease Your Future Tax Burden
Anders CPA
NOVEMBER 22, 2022
Converting to a Roth IRA from a traditional IRA may result in an immediate tax liability but timing the conversion correctly can save on taxes in the long run. With the stock market’s instability and current income tax rates at a historical low, converting to a Roth IRA may be in your best interest, as long as you get the timing right.
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