That search will mislead you. You want to see Yield to Maturity (YTM). YTM will be more like 4.5% (quick guesstimate) than 6.5%.hungry_seeker wrote: ↑Fri Dec 29, 2023 11:12 amI was researching the Vanguard website for highest coupon treasury securities in secondary market…
Search found 14462 matches
- Fri Dec 29, 2023 11:48 am
- Forum: Personal Investments
- Topic: Moving from T Bills to longer term - is 6.5% too good to be true?
- Replies: 10
- Views: 2501
Re: Moving from T Bills to longer term - is 6.5% too good to be true?
- Thu Dec 28, 2023 9:06 am
- Forum: Personal Investments
- Topic: The Myth of "Owning the Market"
- Replies: 84
- Views: 12592
Re: The Myth of "Owning the Market"
A financial planner once told me that I shouldn’t have more than 1-2% (can’t remember which) of my Net Worth (or stock valuation?) in any 1 stock. With the top 7 representing 30% of a fund, they definitely aren't following that guidance. I suspect the planner was talking about discrete stock holdings. Market Index funds are different because they are agnostic about the constituent parts within the index. Humility suggests that individuals should also be agnostic about the makeup of market index funds, particularly Total Market funds. If one takes the position that the weighting of Total Market funds is "wrong", then logically one is taking the position that one knows better than the market how to allocate funds. This seldom ends ...
- Thu Dec 28, 2023 8:57 am
- Forum: Personal Investments
- Topic: Backdoor Roth interest - Rollover to Solo401k?
- Replies: 6
- Views: 650
Re: Backdoor Roth interest - Rollover to Solo401k?
Agree with others, just perform a Roth conversion today. There is no limit on the quantity or dollar size of Roth conversions.
- Thu Dec 28, 2023 8:53 am
- Forum: Personal Investments
- Topic: Conversion to ROTH IRA value shows Zero
- Replies: 9
- Views: 811
Re: Conversion to ROTH IRA value shows Zero
What does it show this morning?
- Thu Dec 28, 2023 8:28 am
- Forum: Personal Finance (Not Investing)
- Topic: Should I sell all ESOP shares in 401(k)?
- Replies: 9
- Views: 1123
Re: Should I sell all ESOP shares in 401(k)?
Alan S is one of our subject experts, check out NUA.
(My company was not publicly listed)
(My company was not publicly listed)
- Thu Dec 28, 2023 8:14 am
- Forum: Personal Finance (Not Investing)
- Topic: Should I and how to confront a boss who may be undermining my efforts at work?
- Replies: 19
- Views: 2299
Re: Should I and how to confront a boss who may be undermining my efforts at work?
This.jabberwockOG wrote: ↑Thu Dec 28, 2023 8:10 am Ask for a one on one meeting in the next 10 days. Ask your manager how they think you are doing, and what if anything you could work on to improve your performance, and ability to move your career forward in the department/company. Pay careful attention to what the manager says and how they say it. If you get a professional, open, sincere, honest, and supportive assessment than rumors are likely false.
If you get anything else you will now know the situation. Time to look for a new job.
Don't confront, that is usually counterproductive. And be aware that HR in most companies is 95% there to protect and support management and the management hierarchy, not base level employees.
Do not confront. It almost never works.
- Wed Dec 27, 2023 10:58 pm
- Forum: Personal Investments
- Topic: Did I save too much in tax-deferred?
- Replies: 44
- Views: 7790
Re: Did I save too much in tax-deferred?
I would at least convert to the top of the 24% bracket in 2023, 2024 and 2025 as the current (lower) tax rates are scheduled to sunset for 2026.
- Wed Dec 27, 2023 8:15 pm
- Forum: Investing - Theory, News & General
- Topic: What happened to VINIX Vanguard Institutional Index Fund Institutional Shares today??
- Replies: 23
- Views: 2665
Re: why is VINIX down 1.41% today?
Year end distribution. It will show up again tomorrow, either in settlement (if you are not re-investing dividends) or as more shares of VINIX.
- Wed Dec 27, 2023 8:03 pm
- Forum: Personal Finance (Not Investing)
- Topic: Prepaying Medicare Premiums through medicare.gov
- Replies: 18
- Views: 2548
Re: Prepaying Medicare Premiums through medicare.gov
Interesting, my billing comes from Medicare every 3 months for... 3 months due
- Wed Dec 27, 2023 7:02 pm
- Forum: Personal Investments
- Topic: VSMGX
- Replies: 13
- Views: 1542
Re: VSMGX
Sounds like a distribution - every component of LifeStrategy Moderate was up today.
- Wed Dec 27, 2023 5:30 pm
- Forum: Personal Investments
- Topic: Raymond Janes Roth IRA
- Replies: 23
- Views: 2071
Re: Raymond Janes Roth IRA
Based on your list from 2020:
Anything over about 0.2% is pretty high by BH standards, your ER is almost quadruple, guesstimating at about 0.8%Growth Fnd of America Class A American Funds AGTHX 25K Expense Ratio .63%
New Perspective Fnds Class A American Funds ANWPX 9K Expense Ratio .75%
New World Fund Class A American Funds NEWFX 15k Expense Ratio .98%
Her Roth IRA just recently maxed ~15K
Fundamental Investors Fund Class A American Fnds ANCFX 9K Expense Ratio .61%
New World Fund Class A American Funds NEWFX 6K Expense Ratio .98%
- Wed Dec 27, 2023 4:55 pm
- Forum: Personal Finance (Not Investing)
- Topic: Prepaying Medicare Premiums through medicare.gov
- Replies: 18
- Views: 2548
Re: Prepaying Medicare Premiums through medicare.gov
When paying by credit card, the minimum payment amount is for 3 months. I have not investigated paying more, but I have seen threads saying that this is permissible. I pay every quarter with a 2% cash-back credit card (then reimburse myself from my HSA). I have 2 more years before I file for SS and Medicare gets deducted from my benefit each month. Interesting; I have paid by credit card for several months now and it's always been for 1 month at a time, and the site didn't give an explicit option or suggestion to pay more. Incidentally I just did a chat and Medicare says that having to pay 3mo at a time with a credit card is "not a thing" (their words, exactly.) But they said I can pay however much more that I want; of course may...
- Wed Dec 27, 2023 3:10 pm
- Forum: Personal Investments
- Topic: Raymond Janes Roth IRA
- Replies: 23
- Views: 2071
Re: Raymond Janes Roth IRA
If you decide to move the accounts, always work with the brokerage firm that is receiving the assets. They have the incentive to make sure the transfer goes smoothly.
- Wed Dec 27, 2023 3:07 pm
- Forum: Personal Finance (Not Investing)
- Topic: TurboTax 2023 desktop - license code activation issues
- Replies: 22
- Views: 7099
Re: TurboTax 2023 desktop - license code activation issues
This is a new requirement for TT2023. I have used TT for at least a dozen years and never had an Intuit account.Joe Public wrote: ↑Wed Dec 27, 2023 2:44 pmWere you required to have an Intuit account to install it?
It is the reason why 2023 is my first tax year using HRBlock.
- Wed Dec 27, 2023 3:03 pm
- Forum: Personal Finance (Not Investing)
- Topic: Prepaying Medicare Premiums through medicare.gov
- Replies: 18
- Views: 2548
Re: Prepaying Medicare Premiums through medicare.gov
When paying by credit card, the minimum payment amount is for 3 months. I have not investigated paying more, but I have seen threads saying that this is permissible.
I pay every quarter with a 2% cash-back credit card (then reimburse myself from my HSA). I have 2 more years before I file for SS and Medicare gets deducted from my benefit each month.
I pay every quarter with a 2% cash-back credit card (then reimburse myself from my HSA). I have 2 more years before I file for SS and Medicare gets deducted from my benefit each month.
- Wed Dec 27, 2023 2:58 pm
- Forum: Personal Investments
- Topic: What to do with old 401k
- Replies: 10
- Views: 899
Re: What to do with old 401k
There are 3 reasonable alternatives: 1. If your current employer allows roll-ins (you have to check the plan documents, typically the SPD) then you can roll the old assets into your current plan for simplicity. 2. You can leave it where it is. Every 401K requires a separate RMD in later retirement, so this would seem to be an argument for simplification. 3. You can roll it over into a personal traditional IRA. 1. I think they do, how does this actually work, will all the assets be liquidated and then re-invested into current employer 401k. Yes What are tax implications? None 2. When you say separate RMD does this imply it is easier to structure distributions to avoid taxes? Easier compliance (as one gets older, remembering to make RMD with...
- Wed Dec 27, 2023 12:56 pm
- Forum: Personal Investments
- Topic: Planning 2024 IRA Contributions - Traditional or Backdoor Roth
- Replies: 7
- Views: 766
Re: Planning 2024 IRA Contributions - Traditional or Backdoor Roth
If you have significant pre-tax balances in IRA accounts then you most likely do not want to utilize the backdoor Roth process.RandomGuyOnInternet wrote: ↑Wed Dec 27, 2023 10:47 am...does anyone have experience making backdoor Roth contributions while also maintaining a traditional IRA with deductible contributions?
- Wed Dec 27, 2023 12:07 pm
- Forum: Personal Investments
- Topic: What to do with old 401k
- Replies: 10
- Views: 899
Re: What to do with old 401k
There are 3 reasonable alternatives:
1. If your current employer allows roll-ins (you have to check the plan documents, typically the SPD) then you can roll the old assets into your current plan for simplicity.
2. You can leave it where it is. Every 401K requires a separate RMD in later retirement, so this would seem to be an argument for simplification.
3. You can roll it over into a personal traditional IRA.
1. If your current employer allows roll-ins (you have to check the plan documents, typically the SPD) then you can roll the old assets into your current plan for simplicity.
2. You can leave it where it is. Every 401K requires a separate RMD in later retirement, so this would seem to be an argument for simplification.
3. You can roll it over into a personal traditional IRA.
- Wed Dec 27, 2023 11:55 am
- Forum: Personal Finance (Not Investing)
- Topic: Should I sell all ESOP shares in 401(k)?
- Replies: 9
- Views: 1123
Re: Should I sell all ESOP shares in 401(k)?
I worked for an ESOP company for 31 years. I always took the earliest possible distribution from the ESOP because of double single-company risk: both my job and my portfolio were dependent on one company.
Not big on the “gut feeling” thing…
Not big on the “gut feeling” thing…
- Wed Dec 27, 2023 11:48 am
- Forum: Investing - Theory, News & General
- Topic: What is Your Biggest "Good Problem to Have"? [Financial]
- Replies: 97
- Views: 13996
- Tue Dec 26, 2023 8:08 pm
- Forum: Personal Finance (Not Investing)
- Topic: Rollover IRA considered Traditional IRA?
- Replies: 7
- Views: 884
Re: Rollover IRA considered Traditional IRA?
A Rollover IRA is just a form of traditional IRA. The name simply identifies the source of the contributions (I.e. rolled over from another plan), which is why you are unable to find anything special about rollover IRAs in IRS literature.
- Tue Dec 26, 2023 8:02 pm
- Forum: Personal Investments
- Topic: The Myth of "Owning the Market"
- Replies: 84
- Views: 12592
Re: The Myth of "Owning the Market"
The OP mentioned VTSAX, which is a pretty good representation of the US Market.
- Tue Dec 26, 2023 7:31 pm
- Forum: Personal Investments
- Topic: The Myth of "Owning the Market"
- Replies: 84
- Views: 12592
Re: The Myth of "Owning the Market"
As Nate suggests, the Market is the Market. Even if you don’t approve of the allocation the participants have collectively chosen.
- Tue Dec 26, 2023 8:40 am
- Forum: Investing - Theory, News & General
- Topic: Do people want annuities, but can't find them?
- Replies: 85
- Views: 11681
- Tue Dec 26, 2023 8:29 am
- Forum: Personal Investments
- Topic: Bridge options - can’t do SPIA
- Replies: 29
- Views: 3541
Re: Bridge options - can’t do SPIA
This statement suggests that you don’t fully understand TIPS, because there is no way to know in advance the nominal return on TIPS and there is no way to know in advance the real return on an annuity. One can’t actually compare the return of the two without knowing future inflation.
- Tue Dec 26, 2023 8:16 am
- Forum: Personal Finance (Not Investing)
- Topic: SS delayed retirement credit question
- Replies: 6
- Views: 940
Re: SS delayed retirement credit question
The Social Security Administration consistently does not calculate or display DRCs in the year they are earned. If one files for benefits mid-year (but before age 70) one does not receive the DRCs from the year of filing until the following January, with no makeup for the lost amount. [edit, conflicting information on this strikeout]
Wait a week, then look at the numbers in your online account.
Wait a week, then look at the numbers in your online account.
- Tue Dec 26, 2023 8:11 am
- Forum: Personal Investments
- Topic: Wash sale question
- Replies: 23
- Views: 1317
Re: Wash sale question
The easiest permanent solution (because there are no tax consequences inside a 403b) is for your spouse to switch to an SP 500 fund. Plot total market alongside the SP500 and you will see there are only minuscule differences in performance.
- Mon Dec 25, 2023 8:07 pm
- Forum: Personal Investments
- Topic: Greedy/Stupid [Retiree Asset Allocation]
- Replies: 46
- Views: 9225
Re: Greedy/Stupid [Retiree Asset Allocation]
I would suggest that you should not go to 70/30 until you have been through a 40% market drop with no paycheck. It is a different feeling when there is no income coming in.
- Mon Dec 25, 2023 8:13 am
- Forum: Personal Investments
- Topic: Asset allocation advice
- Replies: 3
- Views: 659
Re: Asset allocation advice
Welcome to the forum! Such an allocation is very common at your age. The only real limitation on stock allocation at your stage of life is your ability to “stay the course” during a 40% downturn. You will likely face at least 5-6 40% market downturns in your investing lifetime and selling when the market is down is more deadly to performance than holding a lower stock percentage. This makes asset allocation intensely personal. Asset allocation is a negotiation between your head and your gut. Your head logically says: "Higher stock percentage will likely result in a better outcome over my investing lifetime". But when the market drops your gut yells "GET ME OUT OF HERE!". It is called the "Fight or Flight" respo...
- Sun Dec 24, 2023 10:37 pm
- Forum: Personal Investments
- Topic: Help with Universal Life Insurance Advice
- Replies: 7
- Views: 892
Re: Help with Universal Life Insurance Advice
I don’t think anyone can give reasonable answers to your questions without an “in-force illustration” that shows exactly how your policy performs.
- Sun Dec 24, 2023 10:06 pm
- Forum: Personal Investments
- Topic: IRA contribution scenarios
- Replies: 1
- Views: 423
Re: IRA contribution scenarios
Just do the backdoor Roth process.
There is no significant downside, even if you end up with an income low enough to be eligible for direct Roth contributions. This is because the $7000 limit ($8000 if over age 50) is the maximum for all IRA accounts combined - traditional and Roth IRA accounts.
There is no significant downside, even if you end up with an income low enough to be eligible for direct Roth contributions. This is because the $7000 limit ($8000 if over age 50) is the maximum for all IRA accounts combined - traditional and Roth IRA accounts.
- Sun Dec 24, 2023 7:43 pm
- Forum: Personal Investments
- Topic: RSSB vs NTSX. More leverage for the same collateral?
- Replies: 33
- Views: 6086
Re: RSSB vs NTSX. More leverage for the same collateral?
Welcome to your first thread!
More return is inexorably tied to more risk. There is no free lunch. Sometimes the risk is obvious, other times it doesn’t show up until the worst possible moment.
More return is inexorably tied to more risk. There is no free lunch. Sometimes the risk is obvious, other times it doesn’t show up until the worst possible moment.
- Sun Dec 24, 2023 7:54 am
- Forum: Personal Finance (Not Investing)
- Topic: SS Claiming Question
- Replies: 8
- Views: 1786
Re: SS Claiming Question
The likely reason is that the spousal benefit formula, claimed on-or-after recipient’s FRA, requires the PIA of both spouses [1/2 spouse’s PIA - personal PIA] and is added to the personal benefit of the receiving spouse if the personal benefit is less than PIA due to early filing.Navillus1968 wrote: ↑Sat Dec 23, 2023 10:54 pmI also have no idea why survivor benefits are treated differently than spousal benefits in terms of stopping the lower benefit vs adding on to the lower worker's benefit to equal the deceased worker's benefit.
Since it is calculated as an “adder”, it is implemented as an adder.
- Sun Dec 24, 2023 7:34 am
- Forum: Personal Investments
- Topic: I am stuck with Fidelity Zero in brokage account with over 1.2M and 50% gain.
- Replies: 76
- Views: 14382
Re: I am stuck with Fidelity Zero in brokage account with over 1.2M and 50% gain.
I would go a step beyond this. I would consider selling some of recently acquired shares (typically from re-invested dividends) that have only small capital gains.
- Fri Dec 22, 2023 2:24 pm
- Forum: Personal Finance (Not Investing)
- Topic: Timing of Selling Funds in a Trad IRA that will be Converted to Roth
- Replies: 2
- Views: 313
Re: Timing of Selling Funds in a Trad IRA that will be Converted to Roth
It literally makes no difference. In either location one is free to exchange funds without any tax consequence.
You may also perform the Roth Conversion "in-kind" which will move the very same funds directly from tIRA to Roth. You typically cannot with-hold taxes with an in-kind conversion, so if you intend to withhold taxes you will need to have the withholding amount in your settlement account.
You may also perform the Roth Conversion "in-kind" which will move the very same funds directly from tIRA to Roth. You typically cannot with-hold taxes with an in-kind conversion, so if you intend to withhold taxes you will need to have the withholding amount in your settlement account.
- Thu Dec 21, 2023 8:16 pm
- Forum: Personal Finance (Not Investing)
- Topic: Looking at Social Security bridge
- Replies: 13
- Views: 2101
Re: Looking at Social Security bridge
Completely reasonable. My withdrawal rates for my 7 year bridge starts at 7% and will end up at about 12% of portfolio as I spend down some of the capital.
After filing at age 69 all regular expenses are covered by SS benefits, withdrawals are only needed for “lumpy” expenses. An adequate portfolio remains to replace the loss of income when the first spouse passes.
After filing at age 69 all regular expenses are covered by SS benefits, withdrawals are only needed for “lumpy” expenses. An adequate portfolio remains to replace the loss of income when the first spouse passes.
- Thu Dec 21, 2023 8:07 pm
- Forum: Personal Finance (Not Investing)
- Topic: how much do you think you need to retire?
- Replies: 304
- Views: 63767
- Thu Dec 21, 2023 10:59 am
- Forum: Investing - Theory, News & General
- Topic: VTSAX vs VTI
- Replies: 40
- Views: 7144
Re: VTSAX vs VTI
But of course VTSAX and VTI are the same security. Two share classes of the very same fund.sycamore wrote: ↑Wed Dec 20, 2023 6:40 pm I agree with others who say it doesn't really matter when it comes to total return. Too many variables at play. E.g. maybe you buy VTI when it's trading at a 2 bps premium?
Side note: This caught my eye. Do you ever tax loss harvest? Will you ever want to tax loss harvest? It can be easier to TLH if you don't have the same security in both taxable and retirement accounts and thus less worry about a wash sale.
- Thu Dec 21, 2023 8:26 am
- Forum: Investing - Theory, News & General
- Topic: Backdoor Roth Staging
- Replies: 17
- Views: 2065
Re: Backdoor Roth Staging
Always Roth convert everything, there are no limits on size or frequency of Roth conversions.
At Vanguard, I “exchange” funds (usually a MM fund, although I have done a stock fund) so the funds are available in my Roth for trade next day.
At Vanguard, I “exchange” funds (usually a MM fund, although I have done a stock fund) so the funds are available in my Roth for trade next day.
- Thu Dec 21, 2023 8:18 am
- Forum: Personal Finance (Not Investing)
- Topic: how much do you think you need to retire?
- Replies: 304
- Views: 63767
- Thu Dec 21, 2023 8:17 am
- Forum: Personal Finance (Not Investing)
- Topic: how much do you think you need to retire?
- Replies: 304
- Views: 63767
Re: how much do you think you need to retire?
To retire @55: 33x expenses To retire @60: 30x expenses To retire @65: 25x expenses If you can't project your expenses, you can't project your required portfolio balance. How can one project ones expenses when medical expenses are a complete wildcard. Insurance costs, what is covered and what is not, drug copays, assisted living costs…how does one even go about estimating those? I’ve dealt closely with these issues for the last 5 years because of chronic conditions and I can tell you the run around between docs, insurance, and drug companies is one big circus. Often has third parties that you don’t even have access to doing billing work. If you are not in your full senses for any reason, who will dispute billing errors? And you’re not capp...
- Wed Dec 20, 2023 6:56 pm
- Forum: Personal Investments
- Topic: Rate of Yield Change: Money Market Funds vs. CDs and Treasuries
- Replies: 3
- Views: 683
Re: Rate of Yield Change: Money Market Funds vs. CDs and Treasuries
Thanks David Jay. So it is that simple. The 5.3% or so yield on money market funds will hold steady until there is a change in the Fed Funds Rate, and then the yield will change very quickly. On the other hand, CD and Treasury rates yields have dropped lately in anticipation of an upcoming change in the Fed Funds Rate. Correct? Very simplified, but a reasonable framework for viewing what is happening. You can't "lock in" MM rates, the other products allow you to lock in rates for specified time periods. This is particularly valuable if you have specific times when you need funds. For instance, in November 2022 I purchased 1 year and 2 year treasuries because I needed two years living expenses before I filed for SS. The one year j...
- Wed Dec 20, 2023 3:37 pm
- Forum: Personal Finance (Not Investing)
- Topic: how much do you think you need to retire?
- Replies: 304
- Views: 63767
Re: how much do you think you need to retire?
To retire @55: 33x expenses
To retire @60: 30x expenses
To retire @65: 25x expenses
If you can't project your expenses, you can't project your required portfolio balance.
To retire @60: 30x expenses
To retire @65: 25x expenses
If you can't project your expenses, you can't project your required portfolio balance.
- Wed Dec 20, 2023 3:28 pm
- Forum: Personal Investments
- Topic: Rate of Yield Change: Money Market Funds vs. CDs and Treasuries
- Replies: 3
- Views: 683
Re: Rate of Yield Change: Money Market Funds vs. CDs and Treasuries
Money Market funds vary "immediately" with changes in fed funds rate, so they will not change until fed policy changes.
CDs and Treasuries yield holds steady for the period of the product. So with CDs in particular, the issuer has to evaluate future risk (most are expecting 2-3 rate drops next year) so they move before the policy changes.
CDs and Treasuries yield holds steady for the period of the product. So with CDs in particular, the issuer has to evaluate future risk (most are expecting 2-3 rate drops next year) so they move before the policy changes.
- Tue Dec 19, 2023 2:58 pm
- Forum: Personal Investments
- Topic: Vanguard Brokerage (STOCKS)?
- Replies: 4
- Views: 642
Re: Vanguard Brokerage (STOCKS)?
Zero cost to purchase online.
For telephone orders, free if account balance (combined total for all accounts) is more than $1M, otherwise assisted trade is $25.
Link here (click on "Stocks" pulldown): https://investor.vanguard.com/client-be ... ommissions
For telephone orders, free if account balance (combined total for all accounts) is more than $1M, otherwise assisted trade is $25.
Link here (click on "Stocks" pulldown): https://investor.vanguard.com/client-be ... ommissions
- Tue Dec 19, 2023 2:43 pm
- Forum: Personal Finance (Not Investing)
- Topic: Fidelity Balance Transfer to Checking Account Question
- Replies: 15
- Views: 2351
Re: Fidelity Balance Transfer to Checking Account Question
And you earn $142 per every $10,000 borrowed.
- Mon Dec 18, 2023 9:10 pm
- Forum: Personal Finance (Not Investing)
- Topic: Fidelity Balance Transfer to Checking Account Question
- Replies: 15
- Views: 2351
Re: Fidelity Balance Transfer to Checking Account Question
I'm just trying to figure how you come out ahead after paying a 3.99% fee up front to borrow on your credit card interest free for 12 months...
- Mon Dec 18, 2023 10:36 am
- Forum: Investing - Theory, News & General
- Topic: Roth IRA and tax theory
- Replies: 18
- Views: 2730
Re: Roth IRA and tax theory
Or purchase Municipal Bonds. Or purchase I-Bonds. Or hold them in cash.
Which is to say, Roth funds don't become taxable just because they are inherited.
- Mon Dec 18, 2023 10:27 am
- Forum: Personal Finance (Not Investing)
- Topic: Decision about Term Life Policy
- Replies: 12
- Views: 1595
Re: Decision about Term Life Policy
By "renew", do you mean pay another year's premium (policy has 8 years remaining)?
- Mon Dec 18, 2023 9:35 am
- Forum: Personal Investments
- Topic: Mom has additional 0% tax space - Exceed RMD to fill 0% space?
- Replies: 39
- Views: 4979
Re: Mom has additional 0% tax space - Exceed RMD to fill 0% space?
I have a series of posts on the topic of Roth Conversions after the start of SS here (the head post has links to previous threads): viewtopic.php?t=407808
One of the serendipitous benefits is that having a pool of Roth assets allows one to spend whenever one has a need without having to do any tax planning or bracket calculations. If I precede my spouse, here are the instructions I leave for her:
Each year:
1. Take your RMD as a QCD
2. Roth Convert to the top of the 0% bracket
3. Do any spending (above SS) from your Roth account.
That’s it.
One of the serendipitous benefits is that having a pool of Roth assets allows one to spend whenever one has a need without having to do any tax planning or bracket calculations. If I precede my spouse, here are the instructions I leave for her:
Each year:
1. Take your RMD as a QCD
2. Roth Convert to the top of the 0% bracket
3. Do any spending (above SS) from your Roth account.
That’s it.