When Is the Best Time To Do a Roth Conversion? Year-End Tax Planning
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This video covers the following subjects:
When is the best time to do a Roth conversion?
The best time to do a Roth conversion
Roth conversion
Year-end tax planning
Tax planning
Roth conversions aren't nearly as scary as they may sound. They can also be one of the more valuable financial planning tools available to everyday investors, especially if used properly. The deadline is December 31 of the current year. A conversion of after-tax amounts is not included in gross income. Any before-tax portion converted will be included in your gross income for the conversion tax year.
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