cover of episode Roth Conversions and the 5-Year Rule (Explained!)

Roth Conversions and the 5-Year Rule (Explained!)

2024/3/7
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Taylor Schulte
创立Stay Wealthy和Define Financial，专注于无佣金退休规划和财务教育。
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Taylor Schulte: 本期播客详细解释了Roth转换的五年规则，并通过多个案例分析了不同情况下如何应用该规则。他指出，Roth转换是一种有效的税收规划策略，可以帮助退休人员降低税负，但它并非万能药，不能解决所有退休计划问题。他还强调了理解该规则背后的原因，以及如何根据自身情况判断是否需要进行Roth转换。 Taylor Schulte还讨论了《税收削减与就业法案》(TCJA)的到期以及其对Roth转换的影响。他指出，由于TCJA的税收减免将于2026年到期，税率将回升，因此在未来两年内积极进行Roth转换可能是一个明智的选择。但他同时也指出，由于2024年是选举年，TCJA的未来走向存在不确定性。 Taylor Schulte还解释了Roth IRA的两种五年规则，一种针对Roth转换，另一种针对Roth供款。他强调了这两种规则的区别，以及如何根据自身情况选择合适的策略。他还解释了从Roth IRA提取资金的顺序，以及如何避免因提前提取而产生的罚款。 最后，Taylor Schulte建议大家尽早开设并注资Roth IRA，以便在未来进行Roth转换时满足五年规则。 Julio Gonzalez: Julio Gonzalez 警告说，让《税收削减与就业法案》(TCJA)的非永久性条款到期可能会对经济造成灾难性影响，许多美国家庭和企业都岌岌可危。 Ed Slott: Ed Slott 将Roth转换称为“税收保险”，以应对未来税率上涨的不确定性。

Deep Dive

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The episode introduces the Roth 5-Year Rule, explaining its relevance to Roth conversions and the potential benefits of converting pre-tax retirement accounts to Roth IRAs during lower tax rate periods.

Shownotes Transcript

Want an easy way to learn how the "Roth 5-Year Rule" affects your unique situation? 

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As a thank you, you'll receive my one-page flowchart (PDF) for navigating this confusing rule.

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TODAY'S EPISODE:

The "Trump-era tax cuts" are set to expire in 2026.

In other words, retirement savers only have two more years to take advantage of today's lower tax rates.

One of the popular strategies to do this is through (aggressive) Roth conversions.

As a result, I’ve had more questions than ever about the wildly confusing “Roth IRA 5-year rule"...

...specifically as it relates to Roth conversions.

To help simplify this rule, I'm sharing TWO simple questions you can answer to understand how the rule works.

I'm also sharing several real-life examples + my thoughts on what an election year might mean for the Tax Cuts and Jobs Act (TCJA).

EPISODE RESOURCES:

📊  Get Your FREE Retirement & Tax Analysis!)

✏️  Grab the Episode Show Notes)

📘  Check Out the Retirement Podcast Network)