Gina Young is an accomplished finance writer ... account (IRA) to a Roth IRA is a strategic financial move that could lead to long-term tax savings. A Roth IRA conversion involves transferring ...

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Roth IRA conversions let you turn tax-deferred savings into Roth, incurring taxes now for tax-free withdrawals later. No limit exists on the amount you can convert per year, but large sums might ...