The 401(k) to Roth Conversion Strategy That Saves High Earners Hundreds of Thousands in Taxes The world of high finance can be complex, but sometimes it's the simplest ideas that hold the greatest potential.
A recent trend among high earning couples highlights the benefits of converting traditional 401(k) dollars to Roth IRA accounts.
This strategy involves deliberately generating income in years when marginal tax rates are lowest, allowing them to "fill" their chosen bracket and reduce lifetime taxes paid on retirement savings.