Similar Stories to I’m 70 And Started Taking Social Security. My Adviser Said Forget About Roth Conversions — Take A Cruise Instead. is That Crazy? on Bing News

I’m 70 and started taking Social Security. My adviser said forget about Roth conversions — take a cruise instead. Is that crazy?

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Topics:  West Virginia   Raleigh County   Beckley   
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  • I’m 70 and started taking Social Security. My adviser said forget about Roth conversions — take a cruise instead. Is that crazy?
    I am 70, just started drawing Social Security, and the money to pay for the Roth conversion would come from brokerage funds. Several years from now I will be required to take a required minimum ...
    10/8/2024 - 11:19 pm | View Link
  • Five Windows of Opportunity for Roth Conversions
    Considering the money in a Roth IRA grows tax-free and is withdrawn tax-free, the tax hit up front may be worth it for some investors. For others, the added tax for the conversion may be prohibitive.
    10/4/2024 - 10:30 pm | View Link
  • Ask an Advisor: How Can I Do a Roth Conversion in Retirement If I Don't Have Earned Income?
    a prime time for Roth conversions takes place during the years after retirement but before Social Security and RMDs kick in. Those can be relatively low-income years during which initiating a ...
    09/26/2024 - 10:28 am | View Link
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