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About SusanA657950
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Thanks for your response, Rich. Yes, we're still unhappy about what seems to be double taxation for folks who are just trying to be wise savers. We have also adjusted our conversions to stay in a tolerable Medicare IRMAA tier, and have touched base...
1
Reply
0
Kudos
3595
Views
Well it's been almost a year and a half, and I still am irked by this subject, but I'm glad to see that maybe my first rant was useful to others who might not know that Medicare premiums are affected by Roth conversions. I still think that it's unfa...
0
Replies
0
Kudos
7037
Views
Great minds think alike! Yes, I agree that moving forward, it looks like we can just keep converting smaller amounts as we approach 72, then continue on converting amounts, but keeping our income within a Medicare premium level that works for us. A...
1
Reply
0
Kudos
10868
Views
Here's an article that I found to be quite useful - just thought I'd pass this on as well. https://www.financialalternatives.com/financial-alternatives-inc/2022/5/8/should-you-consider-a-roth-conversion-in-retirement#:~:text=A%20Roth%20conversion%20m...
1
Reply
0
Kudos
10921
Views
You are really sweet to keep trying to understand my point. Everything you just wrote is correct and understood. We know that Roths will not be taxed after we convert and pay the taxes using other funds - that's why we're doing it. However, it FEE...
2
Replies
0
Kudos
10974
Views
Thanks for your response, Rich. Yes, we're still unhappy about what seems to be double taxation for folks who are just trying to be wise savers. We have also adjusted our conversions to stay in a tolerable Medicare IRMAA tier, and have touched base...
1
Reply
0
Kudos
3595
Views
Well it's been almost a year and a half, and I still am irked by this subject, but I'm glad to see that maybe my first rant was useful to others who might not know that Medicare premiums are affected by Roth conversions. I still think that it's unfa...
0
Replies
0
Kudos
7037
Views
Great minds think alike! Yes, I agree that moving forward, it looks like we can just keep converting smaller amounts as we approach 72, then continue on converting amounts, but keeping our income within a Medicare premium level that works for us. A...
1
Reply
0
Kudos
10868
Views
Here's an article that I found to be quite useful - just thought I'd pass this on as well. https://www.financialalternatives.com/financial-alternatives-inc/2022/5/8/should-you-consider-a-roth-conversion-in-retirement#:~:text=A%20Roth%20conversion%20m...
1
Reply
0
Kudos
10921
Views
You are really sweet to keep trying to understand my point. Everything you just wrote is correct and understood. We know that Roths will not be taxed after we convert and pay the taxes using other funds - that's why we're doing it. However, it FEE...
2
Replies
0
Kudos
10974
Views
Thanks for your response, Rich. Yes, we're still unhappy about what seems to be double taxation for folks who are just trying to be wise savers. We have also adjusted our conversions to stay in a tolerable Medicare IRMAA tier, and have touched base...
1
Reply
0
Kudos
3595
Views
Well it's been almost a year and a half, and I still am irked by this subject, but I'm glad to see that maybe my first rant was useful to others who might not know that Medicare premiums are affected by Roth conversions. I still think that it's unfa...
0
Replies
0
Kudos
7037
Views
Great minds think alike! Yes, I agree that moving forward, it looks like we can just keep converting smaller amounts as we approach 72, then continue on converting amounts, but keeping our income within a Medicare premium level that works for us. A...
1
Reply
0
Kudos
10868
Views
Here's an article that I found to be quite useful - just thought I'd pass this on as well. https://www.financialalternatives.com/financial-alternatives-inc/2022/5/8/should-you-consider-a-roth-conversion-in-retirement#:~:text=A%20Roth%20conversion%20m...
1
Reply
0
Kudos
10921
Views
You are really sweet to keep trying to understand my point. Everything you just wrote is correct and understood. We know that Roths will not be taxed after we convert and pay the taxes using other funds - that's why we're doing it. However, it FEE...
2
Replies
0
Kudos
10974
Views
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Date Registered | 12-14-2021 07:45 PM |
Last Visited | 07-11-2024 10:36 AM |
Total Messages Posted | 7 |