How to Pay Taxes on Roth Conversions - podcast episode cover

How to Pay Taxes on Roth Conversions

Aug 22, 2023•13 min•Ep. 34
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Episode description

We all know that Roth conversions can be a powerful tax savings strategy for retirees, but how do you actually pay the taxes when doing a conversion?

Listen in to this week's episode to learn about the 2 ways to pay your conversion taxes:

  • Withhold the taxes
  • Pay the taxes with cash

Also, I share a few things to look out for and which of these two options I think is the best way to pay the taxes on your Roth conversions.

Be sure to stay to the end to hear this week's listener question. Enjoy the show!

As always, please reach out with questions or topics you want to hear more about by emailing me at [email protected].

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How to Pay Taxes on Roth Conversions | Retirement Answers podcast - Listen or read transcript on Metacast