While Roth conversions are often talked about in retirement planning, they aren’t the right strategy for everyone.
For retirees with modest savings and no pension, leaving traditional accounts untouched until it’s time to start RMDs can work well. But retirees with pensions face an entirely different tax reality.
In a recent article, Joe F. Schmitz, a CFP® and CEO of Peak Retirement Planning, explains why Roth conversions are so important for retirees with pensions. Schmitz is a regular contributor to Kiplinger’s Adviser Intel program, a curated network of trusted financial professionals who share expert insights on wealth building and preservation.
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