Viewing Question: Does it make sense for us to Roth our IRAs?

Does it make sense for us to Roth our IRAs?

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Comment1
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My wife and I make $400,000 between us. We have IRA rollovers.

1 Response

  1. You should take this up with a planner or accountant, but the answer is probably not. My guess is that you and your wife are in one of the highest tax brackets. If you Roth your IRAs you will have to pay taxes on your whole IRA to convert it. Your qualified withdrawals will then be tax free. When you take withdrawals in retirement you are likely to be in a lower tax bracket.

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