It’s such a common occurrence that financial advisers consider November and December — the last months in which most tax actions will count for the current tax year — to be “Roth Conversion Season.”
Clients looking to reduce their tax burden in retirement often rush to do so during the holidays because, at year-end, their overall tax picture for the year is clearer, letting them maximize their Roth conversions without causing unintended damage to their current tax bill.
