Roth IRA Conversion Strategies

No traditional IRA? If you have a 401(k), we can help you look at a possible conversion to Roth 401(k).

There is a strategy involving multiple conversions in a single year that we can implement that involves using separate asset classes in separate conversion accounts. This can lead to a larger amount growing in a Roth conversion account. This strategy involves monitoring the multiple conversions and recharacterizing (or undoing) some conversions as necessary. We can manage the entire process or provide you with the steps you need to follow.

Converting to Roth can yield significant tax savings. We are happy to discuss this opportunity with you. Contact DHJJ Financial Advisors at 630.420.1360.