Episode #330: Paying Roth Conversion Taxes without Burning a Hole in Your Pocket


Rising national debt and unpredictable future tax rates are driving concerns among many retirement savers with funds in tax-deferred accounts such as a Roth 401k or IRA. The government’s budget is consistently increasing, and the deficit gap between their income and their ability to meet that budget is widening.

Financial experts around the country believe tax rates will increase in the future to generate more income for the government in an attempt to address the deficit. This scenario could compromise your savings if you have a tax-deferred retirement account.

Luckily, converting Roth accounts without financial stress or taxes compromising your savings is achievable through efficient money management strategies. In this episode of Money Script Monday, Kevin introduces a step-by-step guide to a Roth conversion strategy that can maintain or increase your account balance, minimize tax burdens, and keep your savings intact.

Resources Provided for This Episode

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Advisory Services offered through LifePro Asset Management, LLC. The information presented here is not specific to any individual's personal circumstances. These materials are provided for general information and educational purposes based upon publicly available information from sources believed to be reliable—we cannot assure the accuracy or completeness of these materials.

About Kevin Nuber

Kevin Nuber is the Vice President of Field Support at LifePro. He coaches hundreds of financial professionals on how to build effective financial strategies that achieve their clients' long term goals and helps them stay educated on the latest industry trends.