Roth Conversions - To tax or not to tax

Fed Pilot Podcast di Kevin Jones

Note sull'episodio
Kevin emphasizes that this type of conversion may not be the right move for everyone and recommends attending a workshop to learn more about the ins and outs of the process. He notes that it is a little complicated and requires careful consideration before making a decision. Overall, while the TSP does not allow for this type of conversion, it is possible to do so in a traditional IRA and can be a way to grow money tax-free over time.