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

Roth conversions aren’t a trend. They’re a tax weapon.

2 Aug 2025 · 1 min

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Short YouTube clip by Craig Wear, CFP® arguing that Roth conversions are a powerful tax strategy. He lists four main benefits: (1) tax-free income in retirement, (2) future-proofing by paying taxes now to avoid larger taxes later, (3) no required minimum distributions (RMDs) from Roth accounts, and (4) tax-free inheritance for beneficiaries. He cautions conversions aren’t for everyone but says they’re particularly worth considering for high-balance IRAs ("IRA millionaires").

Chapters

Hey, do you want to have tax free income in retirement? So here's why people are obsessed with Roth conversions. Number one, tax free income in retirement. Yeah, really, you can get there. Future proofing, paying taxes now to avoid an onslaught of taxes later. Number three, no RMDs. I mean, the IRS doesn't force withdrawals from Roths. Number four, tax free inheritance for your kids or your beneficiaries. Look, each reason alone is strong, but combined they're even more powerful. Roth conversions aren't for everyone, but if you want more control and less taxes, it's worth a look. Especially if you're an IRA millionaire.