What are your thoughts on Roth conversions if you are in the highest tax bracket and plan to be there moving forward? -Joel ...

Legally, it's never too late to make a Roth conversion. The IRS will let you move qualifying funds at any time as long as you ...

President-elect Donald Trump’s White House win, along with Republican majorities in the Senate and the House of ...

Discover smart tax-saving strategies for the upcoming year. Learn how to maximize your deductions, minimize your tax burden, ...

Explore considerations for Roth IRA conversions, comparing AI-generated advice with insights from top IRA specialists.

It is often advisable to convert funds from an IRA or similar tax-deferred retirement account to Roth in a year when you are ...

some advisors have accelerated Roth conversions for their clients to leverage the lower tax rates through 2025. However, Trump has vowed to extend his 2017 tax breaks, which would keep lower tax ...

They think their tax rates will be higher in retirement, so they’d like to convert that to a Roth. They make $150,000 annually, putting them in the 24% bracket. For example, in the 2023 tax year ...

Advisors can showcase their value to clients with a sophisticated projection contrasting “with conversion” and “without conversion” scenarios.

John Mills is a registered investment advisers and certified financial planner. Reach him at 707-254-0155 or MillsWealth.com.