cover of episode Retirement Year End Planning: Contributing to Assets

Retirement Year End Planning: Contributing to Assets

2024/11/13
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D
David
波士顿大学电气和计算机工程系教授，专注于澄清5G技术与COVID-19之间的误信息。
D
Denise
J
Joe
面临上水汽车贷款，寻求多种解决方案以减轻财务负担。
R
Reid
R
Richard
Topics
Richard 详细讲解了在年底前为 401(k)、IRA、Roth IRA、HSA、捐赠咨询基金和 529 教育储蓄计划等账户进行资产贡献的策略，并解释了传统 IRA 和 Roth IRA 供款的收入限制以及后门 Roth IRA 的策略。他还讨论了慈善捐赠的税收优惠，包括捐赠高增值资产的优势，以及如何通过批量捐赠和合格慈善捐赠 (QCD) 来最大化税收效益。此外，Richard 还提醒听众注意税后投资账户中购买传统开放式共同基金的税务风险，并建议使用工作表来系统地检查年末规划事项。 Reid 询问了在进行 2024 年 Roth 转移时，对 2026 年 IRMAA 税阶的不确定性如何处理。 David 指出在计算预计最低提款额 (RMD) 时，需要考虑在 RMD 之前进行的投资组合提取，并建议在规划中纳入这些提款。 Joe 询问了如果退休期间一直处于较高的税阶，那么仅仅为了降低 RMD 而进行 Roth 转移是否划算，并建议可以使用合格慈善捐赠 (QCD) 来抵消 RMD。 Denise 对 Roth 转移的五年规则感到困惑，特别是关于在 59.5 岁之后提取收益的税务处理。

Deep Dive

Chapters
This chapter discusses various accounts to consider contributing to before the end of the year, including 401(k)s, IRAs, Roth IRAs, HSAs, and donor-advised funds.
  • Maximize contributions to 401(k)s and consider Roth options if available.
  • Understand the income limits for deducting IRA contributions and the backdoor Roth IRA strategy.
  • HSAs offer tax-deductible contributions, tax-free growth, and tax-free withdrawals for medical expenses.

Shownotes Transcript

Join us as we dive into year-end financial planning strategies to optimize your retirement plan. This episode unpacks the essentials of contributing to various accounts like 401(k)s, IRAs, Roth IRAs, HSAs, and donor-advised funds before the year ends. We also discuss Roth conversions and answer listener questions about IRMAA brackets and required minimum distributions. Plus, hear a special tribute to veterans, featuring the first mission of Roger’s grandfather, a WWII bomber pilot. Don’t miss this comprehensive guide to maximizing your retirement savings and honoring those who served!

SMART PLANNING SEGMENT

(01:01) Rock Retirement Club is having its last open enrollment for the year.

(02:26) This month the theme has been to look at year end planning items in order to optimize your plan of record.

(03:40) This week we focus on contributing to assets between now and the end of the year. We will start off by discussing contributing to your 401K account.

(05:30) The second thing we want to look at is contributing to an IRA or Roth IRA.

(08:37) The next account you might consider contributing to is your health savings account.

(10:07) Another thing you might consider contributing to is a donor advised fund or any type of charity.

(15:03) The next one I’ll talk about today is 529 education plans.

(17:00) Another account you might want to contribute to is your after tax investment account.

LISTENER QUESTIONS

(20:00) Roger talks about 51 missions that his grandfather flew during World War II in honor of Veterans Day.

(21:10) Reid is concerned about IRMAA in 2026 regarding Roth conversions.

(24:35) David asks a question about projected required minimum distributions for Roth conversions.

(28:30) Joe asks about tax brackets and Roth conversions.

(31:13) Denise says the more she reads about Roth conversions, the more confused she gets. 

SMART SPRINT

(35:00) If you want to try to do some optimization, grab the worksheets from Six Shot Saturday and go through the lists.

IN HONOR OF VETERANS DAY

(35:54) In honor of Veterans Day, I'm going to share some missions from my grandfather to thank all of our veterans.

REFERENCES 

Six Shot Saturday)

Rock Retirement Club)

Retirement Answer Man- FREE Resource Center)

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