Could paying more in taxes today help you keep more of your retirement savings tomorrow? In this week’s podcast, we explore how a strategic Roth conversion plan could reduce your lifetime tax bill, and why the years between retirement and required minimum distributions may offer a valuable window of opportunity.
Find out how one couple earned a projected $742,000 in lifetime tax savings and how gradual conversions can put lower tax brackets to work. Also on the agenda: opportunities for those already taking RMDs, the often misunderstood pro rata rule, how conversions can affect Medicare premiums, and why this strategy isn’t right for everyone.
Listen in.