About this episode
One of the best things you can do for your portfolio is to implement the right tax strategy. Each situation is unique and requires a personalized approach. Using a listener’s question, James explains one specific example to show when and how to implement the right strategy. Questions Answered: Why should or shouldn't you do Roth conversions? What should you be mindful of when doing Roth conversions? Timestamps: 0:00 Introduction 0:53 Listener question 4:03 Two core things to focus on 5:56 Should we do a Roth conversion? 7:13 Taxable income 9:16 Lower tax bracket 11:24 Taking a basic look 14:21 Gray area 16:40 Control the balance 19:31 Big picture plan 20:41 Outro Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!