Understanding the Roth Conversion 5-Year Rule
The Roth Individual Retirement Account (IRA) offers tax advantages that can significantly benefit retirement savers. One key aspect of Roth IRAs is converting funds from a traditional IRA or employer-sponsored retirement plan into a Roth IRA. This process, known as a Roth conversion, can provide tax diversification and potential long-term savings benefits. However, there are […]
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