06/24/2026
IN THE KNOW WITH CTO: A Roth IRA conversion can be a powerful move to create tax-free income in retirement and give you more flexibility in the future. This strategy is typically a great fit if you expect to be in a higher tax bracket later (career growth, Social Security, pensions, etc.), want to diversify your retirement savings between pre-tax and Roth for better tax control, have a lower-income year (job change, business loss, early retirement, etc.) and/or plan to leave assets to heirs and want tax-free distributions for beneficiaries (subject to rules).
By converting to a Roth IRA, you generally pay tax now so that qualified withdrawals later can be tax-free. This helps reduce future RMDs, create a tax-free cash flow during retirement and potentially lower Medicare premiums tied to taxable income. If you have thought about converting or would like to learn more about the benefits of Roth IRA conversions, call us at (508) 222-3005 and we will help you evaluate the tax impact as well as the best timing for your individual situation.