About Us An Approach Designed For You Can Election Results Predict the Market? Bridging the Confidence Gap

Helping You Plan & Manage Your Financial Goals To Fuel Your Lifetime Journey

Who We Are

Who We Are

We are a quarter-century of unparalleled experience, knowledge and advice.

Learn more
What We Do

What We Do

We are an independent wealth management firm, able to customize a plan to fit your needs.

Learn more
Why We Do It

Why We Do It

We believe the value is in the plan, not the products.

Learn more

What's Your Investment IQ?


Let Thurlow Wealth Management help you plan and manage your financial goals
so you can enjoy your journey... and build memories that last a lifetime.

Take The Quiz

If you’re wondering when is the best time to convert a traditional IRA to a Roth IRA, the following information may help. Roth IRA conversions typically make the most sense for older retirement plan investors, who tend to be in higher tax brackets. 

The benefits of converting a traditional IRA to a Roth IRA include:

  • Tax-free investment growth (if distributions satisfy the “five-year holding period” criterion and certain other requirements)
  • No required minimum distributions during the owner’s lifetime

One of the most important considerations when converting to a Roth IRA is the tax consequences:

  • When IRA assets are converted, they’re taxed as ordinary income.
  • When asset values are high, due to market appreciation, your tax liability may be greater. The reverse is also true; diminished asset values generate less tax liability, allowing investors to convert larger sums in a more tax-efficient manner.
  • It’s important to note that the conversion qualifies as a “taxable event” in the year it occurs.

Under previous tax law, if you changed your mind after converting a traditional IRA into a Roth IRA, you could reverse your decision up until the due date of your tax return. However, the Tax Cuts and Jobs Act of 2017 removed the ability to recharacterize any Roth IRA conversions done in 2018 and going forward. 

Since Roth conversions can be complex, it’s important to receive the guidance of an experienced financial professional. Contact the office to schedule a time to discuss whether a Roth IRA conversion is an appropriate strategy for you.


The Power of Tax Deferred Growth

The Power of Tax Deferred Growth

Why are 401(k) plans, annuities, and IRAs so popular?

Watch Video