The Roth Conversion Mistake that Could DOUBLE (or more!) Your Medicare Costs скачать в хорошем качестве

The Roth Conversion Mistake that Could DOUBLE (or more!) Your Medicare Costs

Many people think Roth conversions are as simple as filling up lower tax brackets—but there’s a costly mistake hiding beneath the surface. IRMAA surcharges can push Medicare premiums higher, costing you thousands in unexpected expenses. In this video, I break down Bob and Sally’s Roth conversion strategy. While their initial plan saved them nearly $485,000 in tax-adjusted assets, it also triggered over $5,800 in annual Medicare surcharges—leading to a real cost of more than $47,000 over their retirement. The good news? A smarter approach—factoring in IRMAA thresholds, Social Security taxation, capital gains limits, and heirs’ tax brackets—boosts their savings to nearly $760,000. If you’re planning Roth conversions, don’t overlook these five key tax factors. ======================= Join our NEW community for FREE →https://ari-taublieb.mykajabi.com/the... 🔗 Connect with us → https://learn.rootfinancialpartners.c... and on Root Financial's Youtube Channel →    / @root_financial   Get access to the retirement software I use and more → https://retirement-planning-academy.m... _ _ ⏱Timestamps:⏱ 0:00 - Bob and Sally's plan 1:40 - Filling the 22% tax bracket 2:25 - Hidden tax trap 4:21 - IRMAA surcharge thresholds 6:10 - Cumulative lost value 8:11 - Revisit Bob and Sally's plan 10:25 - 5 tax implications of conversions 13:75 - SS tax torpedo -- Advisory services are offered through Root Financial Partners, LLC, an SEC-registered investment adviser. This content is intended for informational and educational purposes only and should not be considered personalized investment, tax, or legal advice. Viewing this content does not create an advisory relationship. We do not provide tax preparation or legal services. Always consult an investment, tax or legal professional regarding your specific situation. The strategies, case studies, and examples discussed may not be suitable for everyone. They are hypothetical and for illustrative and educational purposes only. They do not reflect actual client results and are not guarantees of future performance. All investments involve risk, including the potential loss of principal. Comments reflect the views of individual users and do not necessarily represent the views of Root Financial. They are not verified, may not be accurate, and should not be considered testimonials or endorsements. Participation in the Retirement Planning Academy or Early Retirement Academy does not create an advisory relationship with Root Financial. These programs are educational in nature and are not a substitute for personalized financial advice. Advisory services are offered only under a written agreement with Root Financial.