Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Kitces article on roth conversions & cap gains harvesting
Old 12-13-2013, 11:24 AM   #1
Thinks s/he gets paid by the post
walkinwood's Avatar
Join Date: Jul 2006
Location: Denver
Posts: 3,451
Kitces article on roth conversions & cap gains harvesting

This article is aimed at people who want to understand the benefits of ROTH conversions and cap gains harvesting. If you already know the nuances of these strategies, I'd use the time elsewhere.

It is well written & explains the advantages/disadvantages & strategies well - as is the norm in Kitces article.

End Of Year Roth Conversions And Capital Gains Harvesting - Paying Taxes To Save Taxes |
walkinwood is online now   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 12-13-2013, 11:59 AM   #2
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Midpack's Avatar
Join Date: Jan 2008
Location: NC
Posts: 20,586
That's exactly what I am grappling with now, with very limited success. And adding Soc Sec optimization (what some authors call the "tax torpedo") and potentially ACA subsidies on top of all the typical portfolio management issues, makes it beyond my ability so far. Still trying to get my head around it all...

I've seen several articles that describe the problem, but none that offer means to a solution...

None of the online calculators I've seen even begin to deal with the whole picture.
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57

Target AA: 50% equity funds / 45% bonds / 5% cash
Target WR: Approx 1.5% Approx 20% SI (secure income, SS only)
Midpack is online now   Reply With Quote
Old 12-13-2013, 01:32 PM   #3
Thinks s/he gets paid by the post
walkinwood's Avatar
Join Date: Jul 2006
Location: Denver
Posts: 3,451
I am hoping that the likes of ESPlanner and ORP come up with planners for these added complications - PPACA subsidies & the multiple tax implications of income. So far I haven't seen any calculators either.
walkinwood is online now   Reply With Quote
Old 12-13-2013, 02:29 PM   #4
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
pb4uski's Avatar
Join Date: Nov 2010
Location: Sarasota, FL & Vermont
Posts: 35,251
Actually, that reminds me. DS has some stock that could be gains harvested at 0% tax and a step up in basis. I'll have to talk to him about it over the weekend.
If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
Slow and steady wins the race.

Retired Jan 2012 at age 56
pb4uski is offline   Reply With Quote
Old 12-13-2013, 09:14 PM   #5
Alan's Avatar
Join Date: Jul 2005
Location: N. Yorkshire
Posts: 33,643
Another reminder for me to convert a lot more to ROTH. (The other reminder was the 2013 TurboTax download today).

We are pretty sure that we will relocate back to the UK in 3 years (actually splitting our time 50/50). Tax planning there shows that we should be inside the 20% tax bracket. The next bracket up is 40% and I will be well into that bracket at age 70.5 if I start RMD's with my current IRA balance. So for the next 3 years I am going to do ROTH conversions filling up the 28% bracket.
Retired in Jan, 2010 at 55, moved to England in May 2016
Enough private pension and SS income to cover all needs
Alan is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

» Quick Links

All times are GMT -6. The time now is 01:23 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2023, vBulletin Solutions, Inc.