This session featured Joe Elsasser, CFP® using case studies to amply how converting dollars from a traditional IRA into a Roth IRA can be an incredibly effective tax technique for many retirees. PLUS, a conversion can reduce Medicare premiums for higher wage earners and future taxable Social Security benefits. AND Roth IRAs have no RMD requirements!
- You can optimize low tax bracket years
- Coordinating with Social Security benefits is important
- This strategy warrants and ANNUAL review