Updated

Personal finance commentator Suze Orman criticized a plan by a family to move their mother's $87,000 annuity into a Roth IRA, calling the strategy misguided. The advice was offered as part of a broader personal-finance segment addressing retirement account transfers and tax considerations. The commentary serves as a cautionary example for retirees and their families considering similar annuity-to-Roth conversions, highlighting potential tax and structural pitfalls in such moves.