I'm 58 With $1.7 Million in My 401(k). Should I Start Converting 10% per Year to a Roth IRA Now to Avoid RMDs and Taxes?
Transferring retirement savings from a 401(k) to a Roth IRA can offer tax benefits in retirement. It's essential to calculate conversion amounts based on tax bracket effects. Consulting a financial advisor can help in making an informed decision on Roth conversions.