Why 2020 Might Be the Best Year Yet to Consider Converting to a Roth IRA

While 2020 might not seem like the best year for anything but hand sanitizer, there may be one more exception:
Roth conversions.

With stimulus packages and an election, it begs the question, “Will taxes go up in the near future?” Many believe the answer is a resounding YES. Let’s break down the reasons why a Roth might be a good option in this current environment, the differences between a traditional and Roth IRA, and a few considerations before converting to a Roth.

The CPA team and financial planning team at LS wealth management can assist you with determining the most advantageous moves to make. For your complimentary guide click here: