Mike Piper discusses the effects of Roth conversions, what goals conversions are likeliy and unlikely to achieve, and how conversions fit into a broader overall retirement tax plan.
Chapters:
0:00 Introduction
0:23 What is a Roth conversion?
0:59 Agenda: 3 topics to cover
1:40 Effects of a Roth conversion
2:25 Effect #1: Pay Tax Now Instead of Later
13:05 Effect #2: Use taxable dollars to buy more Roth space
23:35 Effect #3: Reduce future RMDs and resulting tax drag
28:29 What Goals Are Roth Conversions Likely to Achieve?
35:10 How Do Roth Conversions Fit Into an Overall Retirement Tax Plan?
40:36 Audience Q&A
Recorded on September 28, 2024.
The complete Bogleheads 2024 Conference Proceedings can be found at https://boglecenter.net/2024conference/
Bogleheads University 2024 is split into two tracks: Bogleheads 101 Investing Fundamentals and Bogleheads 501 Advanced Topics.
The Bogleheads University Courses can be found at https://boglecenter.net/bogleheads-university/. Slides and transcripts are also available.
The John C. Bogle Center for Financial Literacy (https://boglecenter.net/) is a non-profit organization dedicated to improving financial literacy.
The Center’s mission is to expand the legacy of John C. Bogle, the founder of Vanguard, by promoting the principles of successful investing and financial well-being through education and community.
The Center envisions a world of well-informed, capable, and empowered investors.
Community outreach is achieved through the Bogleheads forum, wiki, and blog, as well as in-person and virtual Bogleheads chapters worldwide.
Bogleheads.org:
Bogleheads Website Home Page: https://www.bogleheads.org/index.php
Bogleheads Forum: https://www.bogleheads.org/forum/index.php
Bogleheads Wiki: https://www.bogleheads.org/wiki/Main_Page
Bogleheads Blog: https://www.bogleheads.org/blog/
Investors can get started here: https://www.bogleheads.org/wiki/Getting_started
Social media:
Bogleheads on Facebook: https://www.facebook.com/Bogleheads/
Bogleheads on Twitter: https://twitter.com/bogleheads/
Bogleheads® is a registered trademark of the John C. Bogle Center for Financial Literacy.