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Here are 4 tax rules to understand before converting your IRA to a Roth IRA

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Summary
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74% Informative

The ideal time for a Roth conversion is during the early retirement years , before Required Minimum Distributions or Social Security begin.

State income taxes are often applicable for Roth conversions, depending on where you live.

A Roth conversion increases your adjusted gross income for the year , which can affect several areas of your financial life.

VR Score

72

Informative language

73

Neutral language

63

Article tone

semi-formal

Language

English

Language complexity

59

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

long-living

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