Beware Leaving a Roth for Heirs
Jamie Patrick Hopkins
Leaving money to children or other heirs through a Roth individual retirement account may sound like a great idea—the funds essentially can grow tax-free over your lifetime and theirs.
But before you rush to convert all or part of a traditional retirement account to a Roth for your loved ones, take a closer look.
Coombes, Andrea, "Beware Leaving a Roth for Heirs" (2014). In the News. 59.