Welcome to the Jill on Money Show. It's Sunday, April 23rd. It is, I can't believe it. April is just clocking down and not my favorite month. So I'm happy to be with you.

Answering your financial questions, whatever they are. It could be a new job. It could be a question about your home. It could be a question about how to bridge the gap between a job you don't like and getting to actual retirement age when you can finance the next few decades. Whatever it is, we would love to be there with you. We, me and Mark, best producer in the world, and we're both certified financial planners.

So go on to the website, JillonMoney.com, and click the contact us button and let us help you get

where you want to go.

Today, we are talking to Richard, who's on the line from California.

So I live in California, so a little bit higher on the taxes, and I make about $100,000 a year.

It's a sales job so the commissions can kind of go back and forth.

But what I'm looking at right now is I have about $127,000 in my 401K.

That's a traditional account.

And I'm wondering if it makes sense to convert that this year.

It'd be at the 24% tax bracket, but I figured I have three to four decades of tax-free growth.

And just looking to see what I can do, like, you know, small moves today that are going to have

a huge impact down the line. You are single also? Just wanted to make sure I understood that. Yes?

Single. I have no debt. No mortgage. I rent a room. I've got a small dog that just showed up in

the room right now. So I apologize if you hear that. Wait a second. What kind of dog? Because that's

obviously the most important tell about who you are. I have a little Shiva. You got to send us a picture. Come on. Yeah. Should I just send it to the email?

Yeah. Send it to me. Send it to the same email address. Say, here's my baby. So here's a thing. You have a 401k at work. And do you also have a Roth 401k option at work?

So they're opening up that option next year and I've already signed up to contribute

50% of my paychecks until it maxes out. Okay, great. You usually cannot do an in-service

distribution from a 401k, usually.

So I'm not 100% sure, but in most companies, they'll say, you got to leave what you have

there.

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