Roth IRA Conversion Tax Impact

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Roth IRA Conversions

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Roth conversions

SmartAsset

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Business

Business & Economics

How Can I Roll Over $865K to a Roth IRA and Keep the Tax Bill Low?

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78% Informative

The transition from a traditional IRA or 401(k) to a Roth IRA means paying taxes on the converted funds.

With careful planning and strategic execution, it’s possible to minimize the tax impact.

Get matched with a financial advisor who can help you convert your retirement funds.

By spreading the conversion over multiple years, leveraging lower income tax years , contributing to an HSA and converting during market downturns, you can minimize your tax bill.

SmartAsset ’s free tool matches you with vetted financial advisors who serve your area.

SmartAsset AMP helps advisors connect with leads and offers marketing automation solutions so you can spend more time making conversions.

An emergency fund should be liquid — in an account that isn’t at risk of fluctuation like the stock market.

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