This YouTube video (Craig Wear, CFP®) addresses Roth conversion strategies with a focus on "IRA millionaires"—households with roughly $1M+ in IRAs/401(k)s. The speaker frames the advice as most applicable to that audience, offers caveats for smaller accounts, and points listeners to additional podcasts for situations where conversions may not be needed.
What I call the IRA millionaire. So if you are not an IRA millionaire meaning your household IRA 401k accounts does not approximate a million or more, I think there's still some good information in here for you but I want you to take it with a grain of salt to some degree because the problems that we're solving with accelerated and aggressive Roth conversions are very unique to folks that have around a million plus in their IRAs. And I know if you have you've got half that amount then listen to what I have to offer. But I would suggest you go back out to our website q3adv.com and watch a couple podcasts where I talk about the four instances where you probably don't need to do a lot of conversion and there are other comments that if you're significantly lower than the million dollar balance some of what I'm going to talk about is really unique to the IRA millionaire. So let me just get that off the table. You're welcome here.
