4 Quick Tips on Converting to a Roth IRA

There is often a lot of confusion about the whys and hows of converting to a Roth IRA. In this video from the Motley Fool Live Financial Planning series, longtime contributor and Director of Investment Planning Dan Caplinger discusses some of the finer points of Roth IRA conversions. Dan talks about the tax implications of Roth conversions, converting multiple accounts at the same time, backdoor Roth conversions, and time limits on accessing money after those conversions are complete.

Source Fool.com