What Should I Do With Extra Income?
Money Guy Show
00:00
Do You Want to Do Direct Wroth Conversion Strategies?
If you have a great plan, meaning you work for an employer and has a low cost plan, leaving it might be an option. Doon't want to roll it into a i r a. Roll over a traditional ira. Or technically, theoretically, you could roll itinto a roth i r a - that generate a lawtax lotus. If you're in a higher tax situation, that conversion is treated as ordinary income. So just be careful, mindful of that. And maybe you need a more diverse, more open architecture for designing a portfolio. When does that happen? Yes.
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