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Strategies & Market Trends : Young and Older Folk Portfolio
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TeamTina
To: macbolan who wrote (21979)11/5/2025 2:46:52 PM
From: Max2.01 Recommendation   of 23620
 
We did ROTH conversions the last few years. They were small ones to the tune of about $80K/year. We had a lot in our taxable account and spent that down and used the ROTH conversions to roughly equal what we were spending from our taxable account. I think the problem with doing a big conversion is that it puts you a high income bracket that might last a few years when qualifying for Covered California and also Medicare.

Good luck. I basically avoid most of these clever schemes to minimize taxes because 1) I am not wealthy enough to make it worthwhile. 2) It takes too much of my energy to figure out and implement these 3) There is some risk that laws and policy could change to nullify the benefit of the scheme.

Let me know if you find something to avoid/defer taxes by following some reasonably practical approach.
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