20 min listen
Is Your Portfolio Big Enough to Benefit From Roth Conversions?
Is Your Portfolio Big Enough to Benefit From Roth Conversions?
ratings:
Length:
22 minutes
Released:
Nov 7, 2023
Format:
Podcast episode
Description
What are the benefits of Roth conversions in retirement planning? James addresses questions about when Roth conversions become worthwhile.This episode explores key factors:Changes in tax bracketSpousal scenariosImpact of portfolio size on tax savingsPotential tax savings tend to increase with a higher portfolio balance but be careful not to take unnecessary Roth conversions. James explains different strategies to optimize tax planning.Questions answered:Is there a specific portfolio value at which Roth conversions should be considered?Why might one choose not to do a Roth conversion, and what are the alternatives?Timestamps:0:00 Intro3:14 Scenario6:47 Tax bracket11:15 Provisional income14:27 Spousal scenario16:45 Bottom line20:29 OutroCreate Your Custom Strategy ⬇️ Get Started Here.
Released:
Nov 7, 2023
Format:
Podcast episode
Titles in the series (100)
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