Intelligence

Need experts on Roth conversions amid tax-cut talk

Reporter: Jeff Brown

Publication: U.S. News & World Report

Contact: iq@fullyvested.com

Deadline: Apr 29, 2017 12:00 pm

I’m looking for financial advisors, retirement experts and academics with views on the pros and cons of a Roth conversion today, while Republicans are pushing for tax cuts. I know the nuts and bolts of conversions but am interested in what advice you would give an investor who has concluded a conversion would make sense under today’s conditions, including tax rates, but is rethinking in hopes lower rates will cut the cost if they wait. For instance, what is the downside of waiting if converting makes sense today and there is no tax cut? How common are conversions? Generally, are you finding that conversions pay off for many clients? Who is the most likely
candidate? Which benefits of a conversion — no tax, no RMD, etc. — are most important to people making this choice? Tax rates aside, how does the continuing rise in stocks affect the decision to convert? What if one believed that would continue? And what if one thought a correction or crash was coming? How should rising interest rates play into the decision? What else should I be asking? Requirements: I prefer responses by email containing usable content and quotes, the source’s contact info, full name, title, firm and location.

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