COVID-19 Adds Even More Incentive to Future-Proof Your Retirement with a Roth
Back in 2018, when the Tax Cuts and Jobs Act (TCJA) went into effect, did your financial adviser encourage the idea of changing how you save for retirement?
If you took action, you likely established a strategy to withdraw some or even all of the money from your tax-deferred retirement accounts in order to pay the taxes now at the historically low rates set by the TCJA. Moving those funds to a Roth IRA or some other after-tax instrument will likely save you much more in taxes later.
If you didn’t take action then, it may
