Welcome back. It's Finance Friday, another special edition of Money Girl,

where I answer your really enjoy it. I'm 60, single, have an annual income of $84,000 and I want to

retire at age 63. I participate in my 401k which has a $900,000 balance, and have a Roth IRA.

Should I do annual Roth conversions up to the maximum annual amount, and how would that affect my taxes?

Nancy, thank you so much for your kind words and I really appreciate your question.

You've done a great job saving obviously and you're getting really close to retirement just a few years away.

So knowing if or when you should do Roth conversions is an excellent topic and we're going to cover it in this podcast. I'll review the

Roth conversion rules, how they may fit your retirement goals and tax consequences

to carefully consider. Welcome back everyone and thanks for joining me.

I'm Laura Adams, an award-winning author, finance spokesperson,

money speaker, founder of the Money Stack newsletter,

and host of this podcast Money Girl with 43 million

downloads. Be sure to follow us on Apple Podcasts, Spotify or wherever you listen to

Podcast so you automatically get each new episode.

This is episode number 848, which means there's so much more Money Girl for you to

explore in the archive. We have loads of previous episodes. They're just

waiting for you. Be sure to follow my Instagram at Laura D Adams and the

Money Girl Facebook page. If you have a question you'd like me to cover on a Finance Friday show,

I would love to hear it.

You can leave it on our voicemail line at 302 364,

038. You can also send me an email using my contact page, Laura D Adams.com.

And while you're there, go ahead and sign up for the free money stack newsletter.

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