Changing My Roth Conversion Plans
I'm following up my last video on Roth conversions for an update. Despite the three scenarios in my last video, real life interrupted.
Consequences called for a much smaller Roth conversion in 2024 than I originally wanted.
And it turns out that Republican control of Congress and the White House may mean the 2017 tax cuts will stick around longer than expected. That may mean even more time for Roth conversions ahead.
The WSJ recently outlined how tax landscape may mean more time for retirees ahead: https://www.wsj.com/personal-finance/...
Here's my standard warning: I'm not a financial planner. I'm not a professional. There are no initials after my name. So take these as entertaining ideas from an educated DIY retiree. Always do your own due diligence, and seek out a professoinal if you need one.
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