I Want to Move $720k to a Roth IRA - Are There Ways to Cut Conversion Taxes?

  • Posted on October 14, 2024
  • By Yahoo News
  • 2 Views
I Want to Move $720k to a Roth IRA - Are There Ways to Cut Conversion Taxes?

Taxes are a valid concern if you want to roll over $720,000 from your retirement fund into a Roth IRA. While you won’t pay any taxes if the assets you’re rolling over are held in another Roth account, there’s typically no way to completely avoid paying taxes when rolling pre-tax money into a Roth IRA. […] The post I Want to Roll Over $720k to a Roth IRA. How Do I Avoid Paying Taxes? appeared first on SmartReads by SmartAsset.
continue reading...

Author
Yahoo News

You May Also Like