8 FOR HOME OFFICE AND ADVISOR USE ONLY. NOT FOR DISTRIBUTION TO THE PUBLIC.
FPA forum post
Financial advisor 2
Posted 3 days ago
Answer: The Roth Conversion Strategy in MoneyGuide can help answer this question and easily
communicate it to the client.
Financial advisor 1
Posted 4 days ago
Hello everyone,
Looking for some thoughts on a case.
• Client is planning to retire in 2022.
• 100% of retirement portfolio is in a 401(k).
• Pension estimates are at $133K/year starting in 2022 which puts them squarely in
the middle of the 24% tax bracket.
• Social Security estimates at 70 should be around $45k (highest payout).
• Estimated RMD at age 72 should be another $74k.
• So by age 72 they'll be right back up to the 32% bracket.
Question: Does it make sense to convert anything to Roth given his tax bracket?
Thank you!
Comment
