401k roth conversion
Hidden Tax Loophole Saves 30% on 401k Investing
A 401(k) Roth conversion moves pre-tax assets into a Roth account, making future withdrawals tax-free. This shift can lock in today’s tax rates and eliminate required minimum distributions, offering a cleaner retirement income plan. In 2024, the IRS raised the 401(k) contribution limit to $23,000 for