Now Is the Time to Make This IRA Move to Avoid Taxes on Social Security

Now Is the Time to Make This IRA Move to Avoid Taxes on Social Security

If you don't want to resign yourself to living on a low income or paying a big tax bill, you do have another option: You can convert your retirement accounts to a Roth IRA. First things first -- you need to understand why converting to a Roth enables you to avoid Social Security taxes on your benefits.