When you convert traditional IRA funds to a Roth IRA, those assets grow and distribute tax-free. If your heirs inherit a Roth IRA, they may withdraw funds within the 10-year window without paying income tax on the distributions. By contrast, inherited traditional IRA funds are fully taxable as ordinary income when distributed. If your peak work years line up with the 10-year distribution window, the inherited tax burden may be substantial. Roth conversions done in your notch years may reduce that burden significantly
We exist so you don’t have to worry about money. For more than 40 years, we’ve taken the sophisticated, time-tested approach that many ultra-high net worth individuals use to help manage their financial lives and made it accessible to more families.
