PodParley PodParley
PodParley
How Should I Pay Taxes on My Roth Conversions? episode artwork

EPISODE · Nov 8, 2023 · 34 MIN

How Should I Pay Taxes on My Roth Conversions?

from Retirement Answer Man · host Roger Whitney and Kevin Lyles

“You do not rise to the level of your goals; you fall to the level of your systems.” James ClearI’ve been focusing on building up my systems lately and today I’ll provide you with an example of what that looks like for me. In addition, in this episode, you’ll hear several questions on how to optimize your tax burden. Then in the Bring It On segment, Kevin Lyles joins me to discuss the role of leisure in retirement.Join me today to take a baby step to improve your life in retirement. OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN PRACTICAL PLANNING SEGMENT [2:19] Building systems LISTENER QUESTIONS [6:31] How to pay taxes for Roth Conversions[14:44] On new rules for catch-up contributions[17:07] Can Larry contribute to his wife’s HSA?[19:26] The details on the taxes on selling a houseBRING IT ON [22:46] The role of leisure in retirement[25:06] The 6 categories of leisureTODAY’S SMART SPRINT SEGMENT [31:16] Look at your after-tax accounts and tally your realized capital gainsResources Mentioned In This Episode BOOK - Atomic Habits by James ClearSign up for the 6-Shot Saturday newsletter!Rock Retirement ClubRoger’s YouTube Channel - Roger ThatBOOK - Rock Retirement  by Roger WhitneyRoger’s Retirement Learning Center

What this episode covers

“You do not rise to the level of your goals; you fall to the level of your systems.” James Clear I’ve been focusing on building up my systems lately and today I’ll provide you with an example of what that looks like for me.  In addition,...

NOW PLAYING

How Should I Pay Taxes on My Roth Conversions?

0:00 34:30

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

Share this episode

Similar Episodes

No similar episodes found.

Similar Podcasts

LIGHTS, CAMERA, SMILE! Creatives Club Media Lights, Camera, Smile, is a podcast for anyone with a dream to share something with the world, out of the overflow of themselves - be it their mind, their heart, their personalities, and much more. Each of us are alive in this moment in time, with an innate ability to have ideas and create various things to benefit both ourselves and the people around us for a reason, and here, you will find the encouragement, the inspiration, and the motivation to do just that. Hosted by Cicily, founder of Creatives Club, she dives into various topics surrounding creativity and business. Exploring entrepreneurship for creatives in a corporate reality, sharing tips and tricks in a media centered company, answering questions regarding what a creative actually is are just a few of the things discussed on this podcast. Be encouraged to create for yourself as Cicily gets vulnerable by pivoting the camera to herself for the first time.To submit questions for Cicily to answer, or have her address certain t Solving for Change MOBIA Technology Innovations Solving for Change welcomes business and technology leaders to share stories of bold business transformation within complex organizations. In an era when technology and markets are changing around businesses, the key to staying competitive is to evolve in response to those changes.  MOBIA’s Mike Reeves and Marc LeBlanc investigate business transformation, deconstructing the challenges, ambitions, and market disruptions that drive companies to embark on transformation journeys, and exploring their unique approaches to achieving meaningful outcomes.  What sparks leaders to pursue business transformation? How do they overcome the challenges along the way? What are the keys to creating enduring change?  Through in-depth conversations with business and technology leaders, Mike and Marc answer these questions and explore how businesses evolve by pulling four key transformation levers: people, process, technology, and culture. Accidental Accountant Regan Williams Hi, I'm Regan! I'm a CPA of 30+ years helping "accidental accountants" navigate tax & accounting issues with confidence! Here, we find solutions to common challenges bookkeepers, accountants and CPAs face. Don't see an answer to your question? Then ask! I'm here to help people like you. One Man Went To Row PepperDawesMedia Follow the journey, from training to finish line, of a man from Derby, UK who is going from having only ever rowed on a machine to rowing 3000 miles solo across the Atlantic...just after his 70th birthday!

Frequently Asked Questions

How long is this episode of Retirement Answer Man?

This episode is 34 minutes long.

When was this Retirement Answer Man episode published?

This episode was published on November 8, 2023.

What is this episode about?

“You do not rise to the level of your goals; you fall to the level of your systems.” James ClearI’ve been focusing on building up my systems lately and today I’ll provide you with an example of what that looks like for me. In addition, in this...

Can I download this Retirement Answer Man episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
URL copied to clipboard!