Why A Roth IRA Conversion Is Not Worth It

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The main reason 401(k) contributors propose a Roth IRA conversion is to limit their tax liability in retirement. The only problem is, the conversion process costs more headaches and tax implications in the end, unless you are unemployed or in a low marginal tax bracket.

A 401(k) and Roth IRA are both tax-advantaged investment saving accounts. The funds are designed to be withdrawn in…

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