[CoachKandSportsguy]

Current tax scenario vs potential future scenario, back of the napkin/envelope concepts

2025 Current:
Assume married two person SS receptients, and $3K plus per month each
= $72K gross income less std deduction of $30K = $42K taxable income
IRA to Roth conversions add to SS income and increase tax brackets, making the break even time longer.
Current married income tax bracket is 24K to 97K of 12%

So 97K-42K = 55K of IRA roth conversion at 12% Above 55K of conversion the tax rate jumps to 22%. Let's just convert the max at the minimum tax rate. . .

Possible future scenario
SS income of $72 is tax free,
Assuming no other changes in std deduction / rates for tax purposes,
$97 K of Roth conversion would be available at 12% tax rate, almost double the amount.

So, if you are planning on 2025 IRA Roth conversions, still maintain your current conversion,
and as soon as Social Security income is declared tax free, figure the additional conversion amount at 12% income tax rate, and convert!

just some random thoughts which goes through my finance brain, which operates 24x7, and only shuts off on the golf course.

good luck out there. .
we will need it. .