Roth Conversions:  Not Understanding You Owe Taxes Now

Roth Conversions: Not Understanding You Owe Taxes Now

A Roth Conversion involves transferring funds from a traditional IRA, 401(k), or 457(b) into a Roth IRA. While you'll pay taxes on the converted amount in the year of the conversion, the future growth within the Roth IRA is tax-free—making it an excellent strategy for minimizing taxes in retirement. Learn how First Responders should approach this strategy to reach their retirement goals To learn more about how Valor Advisers can help Police, Firefighters, and Paramedics reach their investing goals visit our website: www.ValorAdvisers.com LIKE and SUBSCRIBE to the video to help us reach more First Responders!