Roth Conversions and Chunking Before Year End

Roth conversions remain popular as many fear that tax rates will only increase in the next few years, so why not convert now at lower tax rates and let the account grow and come out tax-free at retirement. Remember, if you have a traditional IRA or 401(k), then that money grows tax-deferred, but you pay tax on the money as it is drawn out at retirement. If you have traditional dollars where you obtained tax deductions for those contributions, you then have to pay tax on the amount you want to convert to Roth. ---- Schedule a Free 15-minute new account phone appointment with one of our experienced Senior Account Executives regarding a Real Estate IRA or a Self-Directed IRA. https://directedira.com/appointment ---- 🔊 Found this video helpful? Click the Like button & share with others. Subscribe to my channel and click the 🔔 icon for notifications when I post a new video. Don't forget to leave your questions in the comment section below! --- About Mat Sorensen: Mat is the leading national authority of The Self-Directed IRA industry, CEO of Directed IRA, partner at KKOS Lawyers, and best-selling author of “The Self Directed IRA Handbook,” with 40,000+ copies sold. Mat is also a VIP Contributor at Entrepreneur and, an expert author at Cryptopedia. He is a go-to guest speaker for financial, tax, and legal podcasts, Live events, and conferences. ---- Did you know you can invest assets owned by your self-directed IRA more efficiently? To Set Up Your New Account With A Specialist visit https://directedira.com/appointment/. Discover the benefits of using an IRA/LLC, also known as a “checkbook control IRA.” Visit KKOS Lawyers to get help setting up your single-member IRA/LLC, call KKOS Lawyers at (888) 801-0010, or visit their website at https://www.kkoslawyers.com. Check out Mat Sorensen’s Self-Directed IRA Podcast, new episodes every Monday. Submit your questions, listen, search for prior episodes, and sign up for the Directed IRA Weekly Free Newsletter, visit https://directedira.com/podcast ---- Most Popular Products: The Self-directed IRA 2022 Recordings https://matsorensen.com/product/sprin... The Self-Directed IRA Handbook: https://matsorensen.com/products3 The Total SDIRA Bundle (The Self-Directed IRA Handbook, Second Edition (eBook Version), The Self-Directed IRA Handbook Video Series, SPRING 2022 SDIRA Summit Video Series, and FALL 2021 SDIRA Summit Video Series) https://matsorensen.com/product/total... --- Stay connected with Mat on: Instagram:   / matsorensen   Facebook:   / matsorensens.  . LinkedIn:   / matsorensen   Twitter:   / matsorensen   TikTok: https://tiktok.com/sorensenmat