In this video, I discuss how to convert your Traditional IRA to a Roth IRA.
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⏰ TIME STAMPS ⏰
00:00 – Intro
00:30 – Why Consider a Roth IRA?
01:15 – Why Change from Traditional IRA to Roth IRA?
01:49 – How do you Convert a Traditional IRA to a Roth IRA?
03:32 – Can I Convert a 401K/403b to a Roth IRA?
04:27 – Should you Convert your IRA?
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Song: Ship Wrek & Zookeepers – Ark [NCS Release]
Music provided by NoCopyrightSounds
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About this video (How to Convert a Traditional IRA to a Roth IRA): In this video, I talk about how to convert a traditional IRA to a Roth IRA. Roth IRAs have many tax advantages that may drive you to open an account. However, they are not for everyone. Converting an IRA can leave you with a huge tax liability if not done right, so make sure to speak with a tax professional before converting your IRA to a Roth.
👨🏽⚖️ DISCLAIMERS AND DISCLOSURES 👨🏽⚖️
This video, and the ideas presented in it, are for educational purposes only and should not be construed as financial or legal advice.
Some of the links in this video description may be affiliate links, not all. Influential Finance is a participant in the Amazon Services LLC Associates Program. This means that if you click on the Amazon links included in this description, I may earn a commission from your purchase….(read more)
LEARN MORE ABOUT: IRA Accounts
INVESTING IN A GOLD IRA: Gold IRA Account
INVESTING IN A SILVER IRA: Silver IRA Account
REVEALED: Best Gold Backed IRA
This was a great video! You broke down the steps in a very easy to understand manner. Thank you.
Love my Roth IRA! My wife and I grew our accounts to over $200,000. It's amazing how time and compound interest do their magic!