Talk of The Villages Florida - View Single Post - Roth Conversions
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Old 10-09-2024, 11:30 AM
Coley Coley is offline
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Quote:
Originally Posted by opinionist View Post
It is not complicated. The amount you move into the Roth IRA is added to your annual taxable income. You alone can determine what tax burden you can tolerate.
Convert $$ up to 94K in adjusted(after deductions) gross income will keep you in the 12% bracket(married filing jointly). over that goes to 22%. That is what I do.