Description

In this episode, we explore the various strategies for managing taxes on Roth conversions. Casey and Mike break down different approaches to paying conversion taxes. They discuss the pros and cons of each method, share practical examples, and highlight common pitfalls to avoid. Whether you're planning your first Roth conversion or looking to optimize your existing strategy, this episode provides valuable insights for making informed decisions about your retirement savings.

Key topics covered:

• Using cash from savings vs. withholding from the conversion amount
• Strategic timing of conversions in low-income years
• Quarterly tax payments vs. end-of-year planning
• Combining conversions with charitable giving strategies

Resources

• Donor-Advised Fund providers:
• Episodes
• When NOT to do a Roth Conversion
• How and Why to do a Roth Conversion