[I hope this post is not regarded by moderators as an attempted end run around the locking of Heavy Chevy’s thread today. But I must acknowledge that that thread got locked while I was in the midst of reading through it, else I’d have probably posted this material there.]
I’ve written a paper under this title which can be downloaded here: https://papers.ssrn.com/sol3/papers.cfm ... id=4700784
It’s a follow on to an earlier, more light-hearted and entertaining (at least to me, while posting) thread here: viewtopic.php?t=394214&start=150, titled “Steering through the shoals of IRMAA past the SS tax torpedo.”
The argument: that IRMAA-avoiding Roth conversions are typically futile, if IRMAA must be paid as part of the conversion.
In short: It doesn’t make sense to pay IRMAA now in an attempt to avoid IRMAA later.
Why? Time value of money.
On a more positive note, the paper ends with a discussion of the superiority of Qualified Charitable Donations, done later, as opposed to IRMAA-incurring Roth conversions, done earlier.
Comments welcome.
I’ve written a paper under this title which can be downloaded here: https://papers.ssrn.com/sol3/papers.cfm ... id=4700784
It’s a follow on to an earlier, more light-hearted and entertaining (at least to me, while posting) thread here: viewtopic.php?t=394214&start=150, titled “Steering through the shoals of IRMAA past the SS tax torpedo.”
The argument: that IRMAA-avoiding Roth conversions are typically futile, if IRMAA must be paid as part of the conversion.
In short: It doesn’t make sense to pay IRMAA now in an attempt to avoid IRMAA later.
Why? Time value of money.
On a more positive note, the paper ends with a discussion of the superiority of Qualified Charitable Donations, done later, as opposed to IRMAA-incurring Roth conversions, done earlier.
Comments welcome.
Statistics: Posted by McQ — Wed Aug 14, 2024 4:10 pm — Replies 0 — Views 46