💰 Should you convert to ROTH? #roth401k #traditional401k #rothconversion
Summary
This video explains the concept of Roth conversions for 401(k)s, highlighting that while it requires paying taxes on the converted amount now, it can be a smart long-term strategy. The presenter suggests doing partial conversions over time, especially in years with lower income, to minimize the immediate tax impact and allow for tax-free growth in retirement.
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