A Roth conversion allows you to convert a pre-tax account like a 401(k) or traditional IRA into a Roth account. How you carry out your Roth conversion can impact the taxes you’ll pay on it. One ...
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$640k 401(k) to Roth Conversion: Can I Avoid Taxes?Converting the entire 401(k) this year would add $640,000 to your income, pushing you into the top 37% bracket on every dollar over $609,350. Instead, let’s consider a gradual conversion.
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