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What Is a
Roth
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IRA
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0:27
YouTube
Mark J Kohler
Should You Move Your 401(k) to a Roth? #retirement #moneytips
This video clarifies how converting funds from a "401k rmd" into a "roth ira" can be a beneficial "conversion strategy," even with contribution limits. We discuss that while a "roth ira conversion" allows for a significant amount of money to be moved, you will still need to pay "income tax" on the converted funds. This is an important aspect of ...
7.4K views
1 month ago
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