Should You Do a Roth Conversion? 9 Key Questions to Ask First скачать в хорошем качестве

Should You Do a Roth Conversion? 9 Key Questions to Ask First

00:00 - Intro 00:32 - 1. Am I taking Social security? 02:11 - 2. Am I in a lower tax bracket now than I will be later? 03:43 - 3. Do I have room left in my current tax bracket? especially the 12% or 22% 05:38 - 4. Am I trying to reduce future RMDs? 07:14 - 5. Will my heirs be in a higher tax bracket than me? 08:45 - 6. Will this push me over a tax threshold? 09:00 - IRMAA The Medicare Surcharge 09:57 - ACA Premium Subsidy Loss (If under 65) 10:23 - NIT Net Investment Income Tax 10:59 - 7. Will I need this converted money within 5 years? 11:12 - The 5-year rule for Roth earnings 11:35 - The 5-year rule for Roth conversions 12:37 - 8. Can I pay the conversion tax with money outside my IRA? 14:03 - 9. How long will this Roth have to grow - do I have a decade or more? 15:57 - Bloopers Thinking about a Roth conversion in 2025? Before you make the move, this video walks you through 9 key questions that can help you avoid costly tax mistakes — and make the most of your retirement savings. We’ll cover tax brackets, Medicare IRMAA surcharges, ACA subsidies, RMD planning, and the 5-year rules you don’t want to overlook. Whether you're nearing retirement or already there, this Roth decision guide will help you convert smart and keep more of your money. Some of my favorite books: https://amzn.to/3KF3tlr Camera & equipment I use: https://amzn.to/3Z20lof Disclaimer: Please note that this video is made for entertainment purposes only and not to be taken as financial advice. Always make sure to do your own research. Join the family & subscribe to my channel here:    / erintalksmoney   Thanks for watching, I appreciate you!