I have been talking to many clients about Roth Conversions so I thought I would post this to the Blog. Also it is a big Illinois savings now, since Retirement Income is Tax Free. I am not sure how long this will last, I believe a limited time!
I was going to write an explanation of why the new tax law makes it a great time to do a Roth Conversion. But then as part of my research I stumbled across an article that probably does a better job than I ever could, entitled The Perfect Storm. Therefore, here is a link to that article. The article references 2019, but it holds true for 2020 also!