Why Financial Advisors Don’t Recommend Roth Conversions
Sometimes when I am talking to people about using Roth conversions for tax planning, they tell me that their Financial Advisor doesn't recommend Roth conversions. They may even go on to tell me that they’ve asked about Roth conversions just to be told that it isn’t a good idea.
Why might this be? I’ll explore the potential reasons in this video.
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--- 0:00 - Introduction & Upcoming
03:33 - Slott Report & Market Update
27:45 - The Financial Focus: Why Financial Advisors Don’t Recommend Roth Conversions