qwerty3656
Full time employment: Posting here.
- Joined
- Nov 17, 2020
- Messages
- 763
If I can keep my gross income below $100k (so below 80k after standard deduction for married filing jointly which keeps me in the 12% tax bracket) with anticipated RMDs plus Social Security, I'm thinking I don't need to do any Roth conversions, etc in the early years of retirement.
Are there other income thresholds I should be worried about?
I already have a large Roth IRA (and my regular IRA is well under $1mm - if it grows to $1mm my RMDs would be under 40k per year).
Are there other income thresholds I should be worried about?
I already have a large Roth IRA (and my regular IRA is well under $1mm - if it grows to $1mm my RMDs would be under 40k per year).