EPISODE · Nov 9, 2022 · 18 MIN
Six Reasons Dentists Should Consider Roth Conversions
from Dentists, Puns, and Money · host Shawn Terrell
In this episode Dentists, Puns, & Money, we talk Roth IRA conversions for dentists.Roth IRA conversions are a great strategy for dentists looking to reduce their lifetime tax bill owed to the IRS. What are the 6 reasons why dentists should consider Roth IRA conversions? Why does it make sense for dentists to initiate Roth conversions prior to 2026, if possible?In the conversation, we also touch on: Why the upcoming expiration of the Tax Cuts and Jobs Act mattersRequired Minimum DistributionsTaxation of Social SecurityIdeal timing of Roth conversions for a hypothetical dentist ownerAs a reminder, you can get all the information discussed in today’s conversation by visiting our website dentistexit.com and clicking on the Podcast tab. Dentist Exit Planning Resources:About Shawn TerrellSchedule a Discovery Meeting with ShawnSign-Up for Dentist Exit Email NewsletterFollow Dentist Exit on Social Media:Facebook Group for DentistsInstagramLinkedInPlease rate and subscribe to Dentists, Puns and Money on these platforms:Subscribe on Apple PodcastsSubscribe on SpotifySubscribe on Google PodcastsSubscribe on StitcherSubscribe on Pocket CastsFollow us on Instagram
What this episode covers
In this episode Dentists, Puns, & Money, we talk Roth IRA conversions for dentists.Roth IRA conversions are a great strategy for dentists looking to reduce their lifetime tax bill owed to the IRS. What are the 6 reasons why dentists should consider Roth IRA conversions? Why does it make sense for dentists to initiate Roth conversions prior to 2026, if possible?In the conversation, we also touch on: Why the upcoming expiration of the Tax Cuts and Jobs Act mattersRequired Minimum DistributionsTaxation of Social SecurityIdeal timing of Roth conversions for a hypothetical dentist ownerAs a reminder, you can get all the information discussed in today’s conversation by visiting our website dentistexit.com and clicking on the Podcast tab. Dentist Exit Planning Resources:About Shawn TerrellSchedule a Discovery Meeting with ShawnSign-Up for Dentist Exit Email NewsletterFollow Dentist Exit on Social Media:Facebook Group for DentistsInstagramLinkedInPlease rate and subscribe to Dentists, Puns and Money on these platforms:Subscribe on Apple PodcastsSubscribe on SpotifySubscribe on Google PodcastsSubscribe on StitcherSubscribe on Pocket CastsFollow us on Instagram
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Six Reasons Dentists Should Consider Roth Conversions
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