If you’d like to learn more about how you can hold Bitcoin in your retirement portfolio, book a call with one of our Swan IRA specialists today.
Roth Conversions do come with tax implications. You'll owe income tax on the entire amount that you convert from a traditional IRA into a Roth IRA in the year you make the switch. The amount of tax will depend on your income tax bracket and income tax rate. The money you convert is added to your gross income for the tax year.
You can find the instructions to complete a Roth IRA conversion in this article: