In 2023 we were both working and were in the 32% bracket. Wife is now at least temporarily retired, and I might retire either late this year or early 2025. In 2025 our AGI could be below $100K (Federal pension, RMD from inherited IRA, some dividends and interest, no Social Security). So what I'm hearing is that 2025 might be my best window for making Roth conversions. Is there a reason not to do that all the way up to the top of the 24% bracket? Our income will go up in 2027 to 2030 time frame when we are on Social Security and starting to draw down TSP and 401k's. We plan to live mostly on taxable accounts between now and then.
Statistics: Posted by Small Savanna — Fri Apr 12, 2024 12:32 am — Replies 33 — Views 3967
