Key Points Conversions to a Roth IRA should not be done in high-earning years. Investors should always pay their conversion taxes at the end of the year, not with their investable assets.
Brett Schafer is an Investor at The Motley Fool. He specializes in finance, trading, and financial technology, with a focus on topics such as AI platforms, trading platforms, and personal finance strategies including saving and investing, credit health, and retirement planning. Brett's insights and analyses have been featured in TalkMarkets, Nasdaq, Yahoo News, The Times Of Update, Yahoo Finance, AOL, Inc., MSN, USA TODAY, and RealClearEnergy.