A Roth conversion is the process of moving assets from your traditional IRA into a Roth IRA. Roth IRAs are unique because the investment growth is never subject to taxation – even when the assets are distributed from the account.

Roth conversions are unique in that you can undo the conversion if it turned out not to be favorable any time before you file your taxes through what is called a recharacterization.

Roth conversions can avoid future Required Minimum Distributions (RMDs), enhance the value of your estate, and smooth your tax burden across several years.

At Marotta Wealth Management, we assess each of our clients for tax planning opportunities. If they are good candidates for a Roth conversion, we develop a personalized Roth conversion plan and revisit it every year. We also provide the administrative support necessary to oversee the entire conversion process, including helping you or your tax preparer make sense of the reporting.

Don’t Delay Roth Conversions

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Putting money in your Roth without delay is valuable.

Where is Your Priority: Tax Preparation or Tax Planning?

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At our firm, tax planning is our priority. We hope to maximize after-tax net worth over your lifetime, even if it is at the expense of this one year.

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