That means you may have to pay more in taxes for the year you complete the conversion to have the benefit of tax - free distributions later. (traditionalira.com)
It is very common for people pay more in taxes than they have to each year. (bripblap.com)
And while retirees pay more in taxes during the first couple of years, experts point out that there are several mitigating factors to take into account. (lifeoncredit.ca)