VIDEO: What You Need to Know About Roth IRA Conversions
By Joe Dowdall, CFP®, RICP®, CRPC®, CCFC
You’re looking forward to a worry-free retirement now more than ever—but is your savings ready to foot the bill? When it comes to retirement savings, both a traditional IRA and a Roth IRA come with a tax benefit, and it’s vital to understand the differences between the two before deciding if a conversion is right for you. In this video, we explain the differences between a traditional and Roth IRA and what a conversion is to help determine if you could benefit.
About Joe
Joe Dowdall is a CERTIFIED FINANCIAL PLANNER™ professional at Worth Asset Management, a financial services company in Dallas, TX, that provides a wide range of wealth management services. With over 15 years in the financial services industry, Joe is a fiduciary who creates customized financial plans for people nearing or in retirement—to help them build and safeguard their wealth through all life stages. He desires to offer clients the best financial planning experience while developing a friendship based on mutual respect. Joe’s philosophy as a financial planner is rooted in his experience as a teacher, where he learned the importance of explaining complicated concepts in understandable terms. He’s passionate about working with a select group of clients to help them achieve their financial goals with confidence and clarity.
Joe has an education degree from the State University of New York and an MBA in finance from Saint Joseph’s University. In addition, he has obtained the CERTIFIED FINANCIAL PLANNER™, Retirement Income Certified Professional®, Chartered Retirement Planning Counselor℠, and Certified College Financial Consultant (CCFC) designations. Joe resides in Frisco, TX, with his wife, Leila, and their two daughters. During his free time, he enjoys traveling with family, exercising, and hiking the national parks. To learn more about Joe, connect with him on LinkedIn.