About this episode
How is Kimberly's strategy for reducing her retirement taxes by doing Roth conversions and qualified charitable distributions? Is Patrick's tax loss harvesting transaction a wash sale? At what marginal tax rate should Brian stop making Roth 401(k) contributions? Joe Anderson, CFP® and Big Al Clopine, CPA are back this week on Your Money, Your Wealth® podcast 486 to answer these questions and to spitball on the importance of international stock in John in Seattle's diversified investment portfolio, David and Terri's Roth conversion and I bond strategy, Blake's severance package, and the impact of a new home purchase on John in DC's retirement spending. Free financial resources and transcript: https://bit.ly/ymyw-486 DOWNLOAD | Retirement Rescue Guide - limited-time special offer! Download by Friday, July 19, 2024! WATCH | Retirement Rescue Plan - YMYW TV DOWNLOAD | Investing Basics Guide DOWNLOAD | 10 Steps to Improve Investing Success REGISTER | Equity Compensation Basics Webinar - Wednesday, July 24, 12pm Pacific / 3pm Eastern Request your own Retirement Spitball Analysis YMYW on YouTube | Guides | Blogs | Educational Videos | YMYW Newsletter Schedule a free financial assessment Timestamps: 00:00 - Intro 00:57 - Should We Do Roth Conversions to Top of the 24% Bracket to Minimize $240K I-Bond Profits? (David & Terri, Southern California, voice) 07:32 - Roth Conversion & Qualified Charitable Distribution Strategy Spitball (Kimberly, IA) 13:12 - Should I Take the Severance Package Now at 59 and a Half or Work Until Age 63? (Blake) 18:00 - Is My Tax Loss Harvesting Transaction a Wash Sale? (Patrick, Vancouver, WA) 24:42 - How Important is International Stock in a Diversified Portfolio? (John, Seattle, WA) 30:40 - At What Marginal Tax Rate Should Roth 401(k) Contributions Stop? (Brian, NC) 33:58 - What Impact Will Our New Home Have on Our Retirement Spending? (John in the DC) 42:32 - The Derails