Craig Wear, CFP®Craig Wear, CFP® | Expert in Roth Conversions & Tax-Efficient Retirement Strategies for IRA Millionaires

Don't let misinformation cost you money!

7 Apr 2025 · 1 min

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Speaker Craig Wear, CFP® introduces the topic of Roth conversions and common misconceptions: whether conversions remain beneficial, whether to wait until next year, and whether anticipated tax-rate changes should affect the decision. He asserts these intuitive questions are based on false premises and that the arithmetic for "IRA millionaires" differs from those with smaller account balances, implying distinct conversion strategies.

Chapters

Is it still a benefit to convert? Should I wait until next year? So if tax rates are going are not going up, why should I even do Roth conversions? And those are logical and reasonable questions, but they're based on false premises and their logic is simply not supported by the math for IRA millionaires. Less than that, there are a different set of rules and there's a different way to approach Roth conversions. But these are triggered. Those mindsets are triggered by what you've heard and read and seen for a long time, by probably advisors that you trust, media outlets that you trust on other things.