Hellow guys, Welcome to my website, and you are watching Pay ZERO Capital Gains Tax vs Roth Conversions in Retirement: How to Determine Which is Best. and this vIdeo is uploaded by James Conole, CFP® at 2024-03-26T10:00:23-07:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | Pay ZERO Capital Gains Tax vs Roth Conversions in Retirement: How to Determine Which is Best |
| Video Uploader | Video From James Conole, CFP® |
| Upload Date | This Video Uploaded At 26-03-2024 17:00:23 |
| Video Discription | Listener Drew asks about a tax strategy for juggling capital gains and Roth conversions. While it can be a complicated question – especially when large accounts are involved – James provides some general guidelines that can be helpful for anyone with similar gnarly tax strategy challenges in retirement. In this episode, we’ll cover the extent to which required distributions will be an issue, what you need to alleviate that issue, and the timeframe within which you have to do that. James explains how to work backward to project your various tax brackets and determine how to prioritize tax gain harvesting, Roth conversions, and other tax strategies. Questions Answered: What is tax gain harvesting? What is the tax planning window and how do I use it to my advantage? ======================= Learn the tips & strategies to get the most out of life with your money. Get started today → https://www.rootfinancialpartners.com/ Get access to the retirement software I use in this video and more → https://retirement-planning-academy.mykajabi.com/rpa 🔔 Make sure to subscribe here to be notified for future videos! https://www.youtube.com/channel/UCBNdQfS-fzODmYb8Hkr4egA?sub_confirmation=1 _ _ 👥 Make sure to connect with us on all socials below → https://beacons.ai/rootfinancialpartners ⏱Timestamps:⏱ 0:00 - Drew’s question 2:50 - Determine use for each asset 5:59 - Tax gain harvesting 11:10 - Back to Drew 15:30 - James’ priorities for Drew 18:41 - Usually not either/or 20:07 - Working backwards 24:50 - General principles 29:50 - Tax planning window 32:16 - Summary Other videos we think you'll like: About Root: https://www.youtube.com/watch?v=ZPy7Qlmemy8&t=1s Worried about retirement? Start here: https://www.youtube.com/watch?v=c1dCo73XTw4&t=1s |
| Category | Education |
| Tags | investing | retirement planning | tax planning | financial planning | retirement | personalfinance | taxes | dividend investing | financial planning at 50 | how do I retire? | long-term investing | financial planning at 60 | roth conversions | roth ira | IRA | individual retirement account | benefits of investing | pros and cons of investing | donor advised fund | financial education |
