New IRS Regulation Forces Roth Conversions for High-Earning Retirement Savers
Retirement planning is evolving rapidly for high-income earners in the United States. The IRS has recently introduced a rule that forces high-earners to convert their retirement accounts into Roth accounts, fundamentally altering retirement savings strategies for many Americans. This policy change aims to ensure greater tax transparency and secure long-term government revenue while encouraging tax-free growth for savers. In this guide, we explore the implications of the new IRS rule, who qualifies as a high-earner, how Roth conversions work, and …