Roth Conversion Strategies: Should You Convert or Keep Your IRA?

Money Matters by Allworth Financial

Allworth Financial

Business:investing, Business, Investing

4.7 • 841 Ratings

🗓️ 13 June 2026

⏱️ 51 minutes

🔗️ Recording | iTunes | RSS

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Summary

When does a Roth Conversion make sense—and when could it be a costly mistake? In this episode of Money Matters, Scott and Pat tackle one of the most common retirement planning questions: whether a Roth Conversion is the right move for your financial future. They break down a real-life caller’s situation involving IRAs, pensions, charitable giving, required minimum distributions (RMDs), and the tax implications of converting retirement assets. The show also features an emotional conversation with Laura, a member of the “sandwich generation” who is balancing retirement planning while supporting aging parents and a special-needs child. Scott and Pat discuss pension decisions, reverse mortgages, life insurance needs, and how to navigate competing financial priorities without sacrificing long-term security. Plus, they explore tax-efficient investing strategies, asset location, charitable giving through donor-advised funds, and why taxes may be one of the biggest threats to your retirement wealth. If you've ever wondered whether a Roth Conversion belongs in your retirement plan, this episode is packed with practical insights. What You’ll Learn: -Roth Conversions & Retirement Tax Planning -Tax-Efficient Investing Strategies -Retirement Planning for the Sandwich Generation -Reverse Mortgages & Aging Parent Care -Charitable Giving, RMDs & Retirement Income Planning Join Money Matters: Get your most pressing financial questions answered by Allworth's co-founders Scott Hanson and Pat McClain. Call 833-99-WORTH. Or ask a question by clicking here. You can also be on the air by emailing Scott and Pat at questions@moneymatters.com. Download and rate our podcast here.

Transcript

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0:00.0	Would you like an opinion on a financial matter you're dealing with?
0:08.9	Whether it's about retirement, investments, taxes, or 401Ks, Scott Hansen and Pat McLean would like to help you by answering your call to join Allworth's Money Matters.
0:18.7	Call now at 83399 Worth.
0:21.6	That's 83399 W-O-R-T-H.
0:27.2	Welcome to All-Worth's Money Matters, Scott Hanson.
0:30.1	Pat McLean, thanks for joining us.
0:32.0	We are going to talk, of course, financial matters
0:34.5	and take a couple calls about financial matters yes and we're gonna have a
0:41.4	good time do we still call it money matters yes it's all worth money matters oh okay
0:46.5	what do we still call money matters did they decide to change the name i don't know after 30
0:53.1	years yes long time.
0:55.3	Of this program.
0:57.4	I'd like to talk about tax efficient investing.
1:01.1	And if that doesn't make you want to listen to the rest of the podcast, I don't know what does.
1:07.9	Okay.
1:09.1	Can we?
1:09.5	Can we start on that?
1:10.1	And I want to talk a little bit about what I think is going to be one of the greater challenges
1:18.9	that our nations, our society has faced.
1:23.6	U.S.
1:24.0	Society, World Society.
1:27.2	Both. And it really, world society. Both.
	...

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