Paying Taxes From Another Source

By |2020-10-27T09:38:29-04:00June 26, 2020|Retirement Planning, Roth Conversion, Taxes|

Be careful before diving headfirst into a Roth conversion. Evaluate your income for the year and determine how much wiggle room you have before potentially pushing into the next tax bracket. Remember that Roth conversions can impact financial aid, IRMAA surcharges and other items based on income.