Tis' the Season...for Roth Conversions

Patrick Andrews |

In a previous blog post, I shared about the decision that Sharon and I made for her to take some time away from Cummins to stay home with our son Hudson. This decision has really changed our calculus on a lot of different things, including budgeting, cash flow, and healthcare, of which a lot of them don’t feel like much of an opportunity; however, one thing that we did turn over that creates a great opportunity is that we land in a lower tax bracket because our income is reduced. This can mean a lot of things to a lot of people, but as I put on my financial planner hat, the light bulb blinked on: Roth Conversions.