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GOBankingRates
GOBankingRates
Laura Bogart

The Roth Conversion Mistake That Could Cost You Tens of Thousands — and How To Get It Right

Mariia Vitkovska / iStock.com

Say you’ve saved $1.6 million in your 401(k) — a number that reflects years of discipline and sacrifice. Now, financial experts are saying much of that money should be in a Roth IRA instead. Should you convert? And if so, how much at a time and when?

Explore More: Here’s Why You Might Want To Invest Your Retirement Savings in a Roth 401(k)

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