If you are at a lower tax bracket after retirement than now,probably should wait

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Jan 6, 2025
1:40:20pm

RGGeemer Truly Addicted User

This message has been modified

Originally posted on Jan 6, 2025 at 1:40:20pm

Message modified by RGGeemer on Jan 6, 2025 at 1:40:33pm

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RGGeemer

Previous username: rggee
Bio page: RGGeemer
Joined: Aug 18, 2010
Last login: Jan 7, 2025
Total posts: 72,721 (767 FO)

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Messages

Author

Time

401K Question: Convert traditional 401K to Roth now or wait

PortlandCougFan

Jan 6, 1:35pm

sell it and buy pickles.

reagan21

Jan 6, 1:36pm

If you are at a lower tax bracket after retirement than now,probably should wait

RGGeemer

Jan 6, 1:40pm

Wait till you are in a lower tax bracket. Also, if you own your house outright

RBLegend

Jan 6, 1:40pm

Wait until the market has a dip so your taxes are less.

RH84025

Jan 6, 1:42pm

What if the next dip doesn’t happen for 6 months and then dips to

bluecougar1985

Jan 6, 1:46pm

Wait. Spread your risk. Who knows what tax rates will be and you have a Roth

jvquarterback

Jan 6, 2:05pm

Why would you take the tax hit now when your income is probably peaking when

OKchief

Jan 6, 2:25pm

RE: Why would you take the tax hit now when your income is probably peaking when

PortlandCougFan

Jan 6, 2:48pm

Flip side argument is that you can leave in the pre-tax amounts for 15 years to

RGGeemer

Jan 6, 3:05pm

The reason you do it now is because you have income to pay the taxes with

Gunhog

Jan 6, 3:23pm

But that income will push you into higher tax brackets. It's all dependent on

RGGeemer

Jan 6, 3:39pm

Couple of considerations -

SwanSong

Jan 6, 3:28pm

RE: Couple of considerations -

PortlandCougFan

Jan 6, 4:02pm

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