{"id":7666,"date":"2020-09-25T15:18:19","date_gmt":"2020-09-25T15:18:19","guid":{"rendered":"https:\/\/abundantwealthmanagement.com\/roth-ira-coversion"},"modified":"2022-01-27T14:46:45","modified_gmt":"2022-01-27T19:46:45","slug":"roth-ira-conversion","status":"publish","type":"post","link":"https:\/\/abundantwealthmanagement.com\/roth-ira-conversion","title":{"rendered":"Roth IRA Conversion"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"7666\" class=\"elementor elementor-7666\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-123548a8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"123548a8\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2a06c8ef\" data-id=\"2a06c8ef\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5e70e31b elementor-widget elementor-widget-text-editor\" data-id=\"5e70e31b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h2>Should I convert to a Roth IRA?<\/h2>\n<p>A Roth IRA is a great way for clients to create tax-free income from their retirement assets. Yet, keep in mind that when you convert your taxable retirement assets into a Roth IRA you will generally pay ordinary income tax on the taxable amount that is converted.<\/p>\n\n<p>The conversion amount is not subject to the 10% early distribution penalty. Your tax-free potential is maximized if you pay the taxes from your current income or personal savings and not from your IRA. Individuals of all income levels are eligible to convert to a Roth IRA.<\/p>\n\n<a class=\"button\" href=\"http:\/\/www.calcxml.com\/do\/roth-ira-conversion-calculator?skn=73\" target=\"_blank\" rel=\"noopener noreferrer\">\nUse Calculator\n<\/a>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Should I convert to a Roth IRA? A Roth IRA is a great way for clients to create tax-free income from their retirement assets. Yet, keep in mind that when you convert your taxable retirement assets into a Roth IRA you will generally pay ordinary income tax on the taxable amount that is converted. The [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":7701,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[5,9],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Roth IRA Conversion - Abundant Wealth Management<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/abundantwealthmanagement.com\/roth-ira-conversion\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Roth IRA Conversion - Abundant Wealth Management\" \/>\n<meta property=\"og:description\" content=\"Should I convert to a Roth IRA? A Roth IRA is a great way for clients to create tax-free income from their retirement assets. Yet, keep in mind that when you convert your taxable retirement assets into a Roth IRA you will generally pay ordinary income tax on the taxable amount that is converted. The [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/abundantwealthmanagement.com\/roth-ira-conversion\" \/>\n<meta property=\"og:site_name\" content=\"Abundant Wealth Management\" \/>\n<meta property=\"article:published_time\" content=\"2020-09-25T15:18:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-01-27T19:46:45+00:00\" \/>\n<meta name=\"author\" content=\"Eric Lardner\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Eric Lardner\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/abundantwealthmanagement.com\/roth-ira-conversion#article\",\"isPartOf\":{\"@id\":\"https:\/\/abundantwealthmanagement.com\/roth-ira-conversion\"},\"author\":{\"name\":\"Eric Lardner\",\"@id\":\"https:\/\/abundantwealthmanagement.com\/#\/schema\/person\/0fe19a2f68eb42fabe4b69e6f53a9507\"},\"headline\":\"Roth IRA Conversion\",\"datePublished\":\"2020-09-25T15:18:19+00:00\",\"dateModified\":\"2022-01-27T19:46:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/abundantwealthmanagement.com\/roth-ira-conversion\"},\"wordCount\":105,\"publisher\":{\"@id\":\"https:\/\/abundantwealthmanagement.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/abundantwealthmanagement.com\/roth-ira-conversion#primaryimage\"},\"thumbnailUrl\":\"\",\"articleSection\":[\"Calculators\",\"Retirement\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/abundantwealthmanagement.com\/roth-ira-conversion\",\"url\":\"https:\/\/abundantwealthmanagement.com\/roth-ira-conversion\",\"name\":\"Roth IRA Conversion - Abundant Wealth Management\",\"isPartOf\":{\"@id\":\"https:\/\/abundantwealthmanagement.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/abundantwealthmanagement.com\/roth-ira-conversion#primaryimage\"},\"image\":{\"@id\":\"https:\/\/abundantwealthmanagement.com\/roth-ira-conversion#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2020-09-25T15:18:19+00:00\",\"dateModified\":\"2022-01-27T19:46:45+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/abundantwealthmanagement.com\/roth-ira-conversion#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/abundantwealthmanagement.com\/roth-ira-conversion\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/abundantwealthmanagement.com\/roth-ira-conversion#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/abundantwealthmanagement.com\/roth-ira-conversion#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/abundantwealthmanagement.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Roth IRA Conversion\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/abundantwealthmanagement.com\/#website\",\"url\":\"https:\/\/abundantwealthmanagement.com\/\",\"name\":\"Abundant Wealth Management\",\"description\":\"PLAN | INVEST | PRESERVE | REWARD\",\"publisher\":{\"@id\":\"https:\/\/abundantwealthmanagement.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/abundantwealthmanagement.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/abundantwealthmanagement.com\/#organization\",\"name\":\"Abundant Wealth Management\",\"url\":\"https:\/\/abundantwealthmanagement.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/abundantwealthmanagement.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/abundantwealthmanagement.com\/wp-content\/uploads\/2020\/02\/Abundant-Wealth-01-new.png\",\"contentUrl\":\"https:\/\/abundantwealthmanagement.com\/wp-content\/uploads\/2020\/02\/Abundant-Wealth-01-new.png\",\"width\":460,\"height\":346,\"caption\":\"Abundant Wealth Management\"},\"image\":{\"@id\":\"https:\/\/abundantwealthmanagement.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/abundantwealthmanagement.com\/#\/schema\/person\/0fe19a2f68eb42fabe4b69e6f53a9507\",\"name\":\"Eric Lardner\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/abundantwealthmanagement.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/aa31499d390182dafbd485ad8d2d1292?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/aa31499d390182dafbd485ad8d2d1292?s=96&d=mm&r=g\",\"caption\":\"Eric Lardner\"},\"url\":\"https:\/\/abundantwealthmanagement.com\/author\/ericl\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Roth IRA Conversion - Abundant Wealth Management","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/abundantwealthmanagement.com\/roth-ira-conversion","og_locale":"en_US","og_type":"article","og_title":"Roth IRA Conversion - Abundant Wealth Management","og_description":"Should I convert to a Roth IRA? A Roth IRA is a great way for clients to create tax-free income from their retirement assets. Yet, keep in mind that when you convert your taxable retirement assets into a Roth IRA you will generally pay ordinary income tax on the taxable amount that is converted. The [&hellip;]","og_url":"https:\/\/abundantwealthmanagement.com\/roth-ira-conversion","og_site_name":"Abundant Wealth Management","article_published_time":"2020-09-25T15:18:19+00:00","article_modified_time":"2022-01-27T19:46:45+00:00","author":"Eric Lardner","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Eric Lardner","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/abundantwealthmanagement.com\/roth-ira-conversion#article","isPartOf":{"@id":"https:\/\/abundantwealthmanagement.com\/roth-ira-conversion"},"author":{"name":"Eric Lardner","@id":"https:\/\/abundantwealthmanagement.com\/#\/schema\/person\/0fe19a2f68eb42fabe4b69e6f53a9507"},"headline":"Roth IRA Conversion","datePublished":"2020-09-25T15:18:19+00:00","dateModified":"2022-01-27T19:46:45+00:00","mainEntityOfPage":{"@id":"https:\/\/abundantwealthmanagement.com\/roth-ira-conversion"},"wordCount":105,"publisher":{"@id":"https:\/\/abundantwealthmanagement.com\/#organization"},"image":{"@id":"https:\/\/abundantwealthmanagement.com\/roth-ira-conversion#primaryimage"},"thumbnailUrl":"","articleSection":["Calculators","Retirement"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/abundantwealthmanagement.com\/roth-ira-conversion","url":"https:\/\/abundantwealthmanagement.com\/roth-ira-conversion","name":"Roth IRA Conversion - Abundant Wealth Management","isPartOf":{"@id":"https:\/\/abundantwealthmanagement.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/abundantwealthmanagement.com\/roth-ira-conversion#primaryimage"},"image":{"@id":"https:\/\/abundantwealthmanagement.com\/roth-ira-conversion#primaryimage"},"thumbnailUrl":"","datePublished":"2020-09-25T15:18:19+00:00","dateModified":"2022-01-27T19:46:45+00:00","breadcrumb":{"@id":"https:\/\/abundantwealthmanagement.com\/roth-ira-conversion#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/abundantwealthmanagement.com\/roth-ira-conversion"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/abundantwealthmanagement.com\/roth-ira-conversion#primaryimage","url":"","contentUrl":""},{"@type":"BreadcrumbList","@id":"https:\/\/abundantwealthmanagement.com\/roth-ira-conversion#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/abundantwealthmanagement.com\/"},{"@type":"ListItem","position":2,"name":"Roth IRA Conversion"}]},{"@type":"WebSite","@id":"https:\/\/abundantwealthmanagement.com\/#website","url":"https:\/\/abundantwealthmanagement.com\/","name":"Abundant Wealth Management","description":"PLAN | INVEST | PRESERVE | REWARD","publisher":{"@id":"https:\/\/abundantwealthmanagement.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/abundantwealthmanagement.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/abundantwealthmanagement.com\/#organization","name":"Abundant Wealth Management","url":"https:\/\/abundantwealthmanagement.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/abundantwealthmanagement.com\/#\/schema\/logo\/image\/","url":"https:\/\/abundantwealthmanagement.com\/wp-content\/uploads\/2020\/02\/Abundant-Wealth-01-new.png","contentUrl":"https:\/\/abundantwealthmanagement.com\/wp-content\/uploads\/2020\/02\/Abundant-Wealth-01-new.png","width":460,"height":346,"caption":"Abundant Wealth Management"},"image":{"@id":"https:\/\/abundantwealthmanagement.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/abundantwealthmanagement.com\/#\/schema\/person\/0fe19a2f68eb42fabe4b69e6f53a9507","name":"Eric Lardner","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/abundantwealthmanagement.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/aa31499d390182dafbd485ad8d2d1292?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/aa31499d390182dafbd485ad8d2d1292?s=96&d=mm&r=g","caption":"Eric Lardner"},"url":"https:\/\/abundantwealthmanagement.com\/author\/ericl"}]}},"_links":{"self":[{"href":"https:\/\/abundantwealthmanagement.com\/wp-json\/wp\/v2\/posts\/7666"}],"collection":[{"href":"https:\/\/abundantwealthmanagement.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abundantwealthmanagement.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abundantwealthmanagement.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/abundantwealthmanagement.com\/wp-json\/wp\/v2\/comments?post=7666"}],"version-history":[{"count":5,"href":"https:\/\/abundantwealthmanagement.com\/wp-json\/wp\/v2\/posts\/7666\/revisions"}],"predecessor-version":[{"id":9452,"href":"https:\/\/abundantwealthmanagement.com\/wp-json\/wp\/v2\/posts\/7666\/revisions\/9452"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abundantwealthmanagement.com\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/abundantwealthmanagement.com\/wp-json\/wp\/v2\/media?parent=7666"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abundantwealthmanagement.com\/wp-json\/wp\/v2\/categories?post=7666"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abundantwealthmanagement.com\/wp-json\/wp\/v2\/tags?post=7666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}