About this episode
What are the benefits of Roth conversions in retirement planning? James addresses questions about when Roth conversions become worthwhile. This episode explores key factors: Changes in tax bracket Spousal scenarios Impact of portfolio size on tax savings Potential tax savings tend to increase with a higher portfolio balance but be careful not to take unnecessary Roth conversions. James explains different strategies to optimize tax planning. Questions answered: Is there a specific portfolio value at which Roth conversions should be considered? Why might one choose not to do a Roth conversion, and what are the alternatives? Timestamps: 0:00 Intro 3:14 Scenario 6:47 Tax bracket 11:15 Provisional income 14:27 Spousal scenario 16:45 Bottom line 20:29 Outro Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!