A Roth IRA conversion is a way to move money from a traditional IRA or 401(k) to a Roth IRA. With a Roth IRA, you pay taxes on the money you put in now, but your withdrawals in retirement are tax-free. This can be a smart move if you want more control over when you take income, since Roth IRAs do not require minimum distributions (RMDs). You may also want to consider a Roth IRA or alternative if you are looking to minimize tax risk in the future. Richard Oxford Financial can help analyze your current situation and goals to determine if a Roth IRA conversion or an alternative is the right choice for you.