A low-income year can be an ideal time for a Roth conversion because your tax rate is temporarily lower, letting you convert at a reduced cost. The years between retirement and required minimum distributions (RMDs) — sometimes called gap or trough years — are a common window. Before converting, model the impact on Income-Related Monthly Adjustment Amount (IRMAA), Affordable Care Act (ACA) subsidies, and Social Security taxation to help avoid triggering hidden costs.
We exist so you don’t have to worry about money. For more than 40 years, we’ve taken the sophisticated, time-tested approach that many ultra-high net worth individuals use to help manage their financial lives and made it accessible to more families.
