Originally Posted by heeyy_joe
The strategy you describe is what I am doing to get ready to FIRE at year end. This will be the third consecutive year I have done Roth plus Roth conversions. I will be able to control my taxable income beginning next year to get the maximum subsidy.
I am not too squared away on the Roth Conversions. My tax deferred account is in a 457 and I am assuming that if I can stay under the subsidy cut off I will
1. Max my HSA allotment
2. Withdraw from Tax deferred and Roth to fund Retirement Life
3. Any dollars below Subsidy level I should do Roth conversions.
As I see it my ROTH Conversions will be low, as my pension will be $8000 under the 400% cutoff.
What are most retirees thoughts on Roth Conversions and when they are a good idea. At a young age in retirement it does seem that if you can convert some dollars it might be wise as you can potentially let those funds grow for some time before withdrawing.