ROTH conversion vs capital gains harvesting flowchart

[tenant13]

I found this tool online and I feel a few of us could use it. In my case it suggests harvesting gains rather than ROTH conversions:

https://www.planningretirements.com...ng-Capital-Gains-Or-Roth-Conversions-2024.pdf

 

[pb4uski]

But you need to consider these parts:

Are you charitably inclined or inclined to hold appreciated securities until you pass away?

Consider doing Roth conversions. The LTCGs in your taxable investment accounts will be eliminated if they are donated to charity or if held until your passing.

0% is better than 15%.

 

[Sunset]

That is a nice decision tree. Allows people to view the other possibilities, which may help them contemplate their finances.

I find this nicer than some calculator where on each page you input a number and then it tells you the answer, as I can't see the other choices.

I didn't evaluate if it's accurate, but it did say our decision was recommended.

 

[Midpack]

That’s a very clever chart, thanks.

And it tells me to do exactly what I have been doing since 2019, so it’s obviously right.

That’s a joke for the sarcasm impaired…

 

[mrfeh]

It doesn't appear to consider ACA subsidies.