Roth Conversions: Should You Do One 2-7 Years From Retirement in Massachusetts or New Hampshire?
- Patrick Clark
- Mar 27
- 2 min read

If you're 2-7 years from retirement in Massachusetts or New Hampshire, a Roth conversion could be an excellent potential way to reduce taxes in retirement—but it’s not right for everyone. Here’s a quick guide to help you decide if converting a traditional IRA or 401(k) to a Roth IRA may make sense for you.
What is a Roth Conversion?
A Roth conversion moves funds from your traditional retirement account (like a 401(k) or IRA) to a Roth IRA, allowing future growth to be tax-free. However, you’ll pay taxes on the converted amount in the year the conversion is done.
When Does a Roth Conversion Make Sense?
Lower Taxes Now vs. Later: If you expect to be in a higher tax bracket in retirement because taxes are higher overall, converting now at a lower rate could save you money.
Long Time Horizon: If you have several years until retirement, converting funds early gives your Roth IRA more time to grow tax-free.
Low-Income Year: If you experience a year with low income (like early retirement), it may be a good time to convert at a lower tax rate.
Want to Leave a Tax-Free Inheritance: Roth IRAs grow tax-free and require no RMDs during your lifetime, making them a great option for passing wealth to heirs.
When Might a Roth Conversion Not Be Ideal?
High Current Taxes: If you're already in a high tax bracket, the immediate tax hit from converting may not be worth the long-term benefits especially if you are projected to have a lower income in retirement
Short Time to Retirement: If you're within a few years of retirement and need access to your funds soon, converting could reduce your available savings.
Unable to Pay Taxes Without Draining Retirement Savings: If you can’t cover the tax bill without dipping into your retirement funds, it may not be worth converting.
Conclusion
If you’re 2-7 years from retirement in Massachusetts or New Hampshire, a Roth conversion could be a smart potential way to reduce future taxes and grow your wealth tax-free. However, you should consider your current tax rate, retirement timeline, and ability to pay taxes before deciding. Speaking with a financial advisor can help you determine if a Roth conversion is right for your specific situation.
Past performance is not indicative of future results. This material is for informational use only and should not be considered investment advice. Investing involves risk. Principal loss is possible. The opinions expressed are those of Guardian Wealth Advisors, LLC. The opinions referenced are as of the date of publication and are subject to change due to changes in the market or economic conditions and may not necessarily come to pass. Forward-looking statements cannot be guaranteed. Investment advisory services offered though Guardian Wealth Advisors, LLC D/B/A Finance Roadmap Planning. Guardian Wealth Advisors, LLC (“GWA”) is an investment adviser registered with the U.S. Securities and Exchange Commission. Registration does not imply a certain level of skill or training. More information about GWA’s investment advisory services can be found in its Form ADV Part 2 or Form CRS, which is available upon request (GWA-25-29.)
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