Why Roth Conversions Matter More With a Pension

Work with me: https://farerfinancial.com/get-startedIf you're a public employee with a pension, the generic retirement advice — "don't worry about Roth conversions, you'll be in a lower tax bracket" — may not apply to you. In this episode, Cole Krilich of Farer Financial LLC breaks down five reasons why pension holders need to take a closer look at Roth conversions than most financial content suggests.Topics covered:Why your pension may keep you in a higher tax bracket than you expectHow required minimum distributions (RMDs) stack on top of pension income and create a tax problemThe widow's tax penalty and why it hits pension holders especially hardHow your predictable pension income is actually a powerful planning tool for Roth conversionsWhy your conversion window may be shorter than you think — and how Social Security, RMD age, and IRMAA all factor inThis episode is for informational and educational purposes only and does not constitute personalized investment, tax, legal, or insurance advice. Viewing this content does not create an advisory relationship. The strategies and examples discussed are hypothetical and for illustrative purposes only. Always consult a qualified professional regarding your specific situation.Farer Financial LLC is a Registered Investment Adviser registered with the Washington State Department of Financial Institutions.