Don’t Convert Cash into a Roth IRA – there’s a better way
The Roth IRA is amazing, earning tax free dollars for both you and your heirs. Despite annual contribution limits one may convert large amounts to a Roth from a Traditional account. You must pay tax on the amount converted. However, did you know you can contribute other assets to a Roth besides cash. In fact it is the smartest way to go. Listen to Steven R. Sheppherd from Check Book IRA on this important subject.