Does it ever make sense to pay taxes on retirement savings sooner rather than later? The answer could be yes. This is especially true if you have saved up a significant amount of retirement savings. Roth conversions can provide you with important tax diversification in your retirement years. While we were told Roth IRAs were most beneficial for younger workers, and consequently, you may have ignored this option, many are finding Roth conversions make sense for those over the age of 50. 

If you believe taxes are going up, you may find Roth conversions can save you hundreds of thousands of dollars in taxes in retirement. If you want to reduce or mitigate the Medicare surcharge premiums, Roth conversions may help save you thousands of dollars every year in health care costs. If you want to maximize your estate for your heirs, need to manage your retirement for irregular income streams, and/or have net operating losses from non-passive income, you might want to consider Roth conversions. 

Join us to learn all about the benefits, the rules, and the how and why of Roth conversions. It just might be an effective option for those nearing or in retirement. You'll also learn who should not consider converting to a Roth. It's not a one-size-fits-all strategy. We'll also discuss important rules and how to execute smart conversions and address the Mega Roth and Mega Backdoor Roth strategy.

Learning Objectives:

• Determine the potential benefits of Roth conversions, including tax diversification, Medicare surcharge premium reduction, and estate maximization


• Identify circumstances where Roth conversions may be advantageous, such as expecting future tax increases, managing irregular income, or having non-passive income losses


• Recognize the importance of understanding the rules and strategies associated with Roth conversions, including Mega Roth and Mega Backdoor Roth, and identify who should not consider converting to a Roth