A regular IRA withdrawal is taxable as ordinary income and reduces your account balance, while a Roth conversion moves the balance to a Roth IRA where it can grow tax-free. With a withdrawal, the money leaves your retirement accounts entirely. With a conversion, the money stays invested — it just changes accounts and tax treatment. You may owe tax on both, but the conversion preserves the assets for future tax-free growth.
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.
