8min chapter

Suze Orman's Women & Money (And Everyone Smart Enough To Listen) cover image

Ask KT & Suze Anything: Don’t Make the Biggest Mistake You Can Make With IRA Conversions

Suze Orman's Women & Money (And Everyone Smart Enough To Listen)

CHAPTER

Understanding IRA Conversions and Social Security Tax Implications

This chapter explores the complexities of IRA conversions, particularly the tax implications when converting from a traditional IRA to a Roth IRA. It also clarifies tax filing requirements for seniors on Social Security benefits and addresses common misconceptions regarding benefit limits for married versus divorced individuals.

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