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Is It Wise to Convert 15% of My 401(k) Into a Roth IRA Each Year to Avoid Taxes and RMDs?

By Yahoo! Finance   |   2 months ago
Is It Wise to Convert 15% of My 401(k) Into a Roth IRA Each Year to Avoid Taxes and RMDs?

Converting a 401(k) to a Roth IRA offers tax-free growth but requires upfront taxes. Gradual conversions can help manage tax impact. Consider individual circumstances and consult a financial advisor before making a decision.

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