Should You Convert Your Account First?
22 Nov 2024 · 0 min
0:25
Craig Wear, CFP® gives brief guidance on the order to convert IRAs to Roths for spouses: generally convert first from the oldest spouse’s IRA or from the spouse with the larger balances; if there is a large age discrepancy, prioritize the older spouse; and if both spouses will convert, ensure the other spouse already has a Roth IRA established.
