💭 Roth Conversions: Pay Now or Pay Later?
Uncle Sam always gets paid… the real question is when...and how much. 🧾
Roth conversions can be a powerful tool in your retirement game plan. But timing and strategy are everything.
👀 In Q3 and Q4, you still have time to:
✅ Fill lower tax brackets
✅ Shift taxable income
✅ Potentially reduce RMDs in retirement
But here’s the kicker, not everyone benefits from a conversion, and there’s no one-size-fits-all.
🔍 Curious on learning more? Let’s break it down with your full picture in mind...not just numbers in isolation.
#PlanAhead #TaxEfficiency #RetirementPlanning
See thrivent.com/social for important disclosures.
State tax rules may differ from federal rules governing the tax treatment of Roth IRAs and there may be conflicts between federal and state tax treatment of IRA conversions. Consult your tax professional for your state's tax rules.
