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Roth conversions can negatively impact retirement in certain situations, which may seem paradoxical since they aim to enhance tax efficiency. This video tutorial explores why having an effective Roth conversion strategy is crucial for retirement success. It begins with an illustrative case involving a married couple in their early 60s who are retired with over $2 million in tax-deferred assets. A key focus will be on their required minimum distributions (RMDs) starting at age 72, emphasizing how these can affect their tax planning and overall financial goals. Understanding the complexities of Roth conversions is essential for optimizing retirement plans.
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