Roth Conversions: New Tax Laws' Unintended Consequences

Roth IRA Conversions: Navigating Tax Torpedoes and New Laws - Experts warn of potential tax pitfalls with Roth conversions, including the tax torpedo effect and phaseouts due to new tax laws. The tax cost of conversions may exceed usual marginal tax rates. Investors must consider long-term goals and run tax projections before making key moves, especially with end-of-year tax strategies.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.